2509 Kavanaugh St, Ossineke, MI 49766

3 bd · 1 ba · 1,454 sqft · built 1957 · Ossineke · SINGLE_FAMILY·source listing ↗

$208,000

rent, three ways

OnePercent model (vv1)$2,122/mo

p10–p90 confidence band

HUD Fair Market Rent · 49766 · 3BR$1,210/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Alpena

Flood risk indexRelatively Low FEMA NRI

Median household income$61,346

Median area rent$746/mo

Median home value$161,800

the verdict

1.02%vs 1.0% target

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

$208,000

1.02% · rent $2,122

Intrinsic value · income approach

$187,417

11% above 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.