W7660 Obieski Rd, Wallace, MI, 49893 | 6.64% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Wallace at W7660 Obieski Rd, Wallace, MI, 49893 offers a 6.64% rental yield on a $259,900 purchase with $1,439/mo rent. 08% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 82.87% and total cumulative return in cash at $71,398. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,439/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1908

3.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49893, Wallace, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	879 (100%)
Owner Occupied HU	694 (79.0%)
Renter Occupied HU	69 ( 7.8%)
Vacant Housing Units	116 (13.2%)
Median Home Value	$196,809
Average Home Value	$199,226