product

markets

method

30234 E Maxton Rd, Drummond Island, MI 49726 — $210,000 · 2bd · ~1.1% rule | OnePercent

30234 E Maxton Rd, Drummond Island, MI 49726

$210,000

Home·Drummond Island 49726·30234 E Maxton Rd, Drummond Island, MI 49726

Confirmed in the last few hours · −15.7% since list · seller motivation 50

30234 E Maxton Rd, Drummond Island, MI 49726

2 bd · 1.5 ba · 2,456 sqft · Drummond Island · SINGLE_FAMILY·source listing ↗

$210,000

$249,000 first listed

seller intel

Price cut

−15.7%

from $249,000

Motivation score

50/100

OnePercent model (vv1)$2,249/mo

p10–p90 confidence band

HUD Fair Market Rent · 49726 · 2BR$1,060/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Chippewa

Flood risk indexRelatively Low FEMA NRI

Median household income$67,232

Median area rent$408/mo

Median home value$273,200

the verdict

1.07%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$210,000

1.07% · rent $2,249

Intrinsic value · income approach

$388,951

46% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.