11600 Red Oak St, Lake, MI 48632

2 bd · 1 ba · 1,000 sqft · built 1984 · Lake · MOBILE·source listing ↗

$79,000

rent, three ways

OnePercent model (vv1)$1,607/mo

p10–p90 confidence band

HUD Fair Market Rent · 48632 · 2BR

$980/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Clare

Flood risk indexRelatively Moderate FEMA NRI

Median household income$57,036

Median area rent$907/mo

Median home value$146,400

the verdict

2.03%vs 1.2% target

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

$79,000

2.03% · rent $1,607

Intrinsic value · income approach

$149,708

47% 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.