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2746 S Thomas Pl, Traverse City, MI 49686 — $25,000 · 2bd · ~6.6% rule | OnePercent

2746 S Thomas Pl, Traverse City, MI 49686

$25,000

Home·Traverse City 49686·2746 S Thomas Pl, Traverse City, MI 49686

Confirmed in the last few hours

2746 S Thomas Pl, Traverse City, MI 49686

2 bd · 1 ba · 924 sqft · built 1978 · Traverse City · MOBILE·source listing ↗

$25,000

rent, three ways

OnePercent model (vv1)$1,643/mo

point estimate — add comps for a band

HUD Fair Market Rent · 49686 · 2BR$1,370/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Grand Traverse

Flood risk indexRelatively Moderate FEMA NRI

Median household income$71,609

Median area rent$1,227/mo

Median home value$344,700

the verdict

6.57%vs 1.2% target

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

$25,000

6.57% · rent $1,643

Intrinsic value · income approach

$334,827

93% 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.