1094 Blamer Rd · Comins, MI 48621

$130,000

3 bd · 2.0 ba · 1,056 sqft · SingleFamily public records · 29 Days on market

Built 1978 1.02 ac lot Est $153k · 15% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.9/30.0
• ARV discount +14.3/15.0
• Appreciation +9.6/10.0
• DSCR +5.3/10.0
• 1% rule +4.6/10.0
• Schools +4.1/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Here's your Oscoda County, Fairview area Cottage, just North of Mio, for those hunters, fisherman, snowmobilers, hikers, northern enthusiasts of all kinds or retirees that just want to relax. The area is known as Michigan's Wild Turkey Capitol. Recent owner made it their full-time home. Low maintenance with vinyl siding, new roof & furnace and central vacuum makes this a dream home/cottage for such a great price. Nice comfortable yard, surrounded by woods. Laundry facility is near the kitchen. This home would make for a great base-camp for groups enjoying northern activities together, whether it was an individual buyer or a group investing in a friendly get-a-way or a full-time home. Two outbuildings are ready for hobbyists. One is 12'6" X 20' and one is 10' X 13'. Grab your fishing pole and walk to Perry Lake. Generator is included; just in case the power goes flickering. Home is on Propane. See YouTube video here online. MLS Video, coming soon. Sorry, NO land contracts are available on this property.

Key facts

• Generator included
• Two outbuildings
• Vinyl siding

Tags

• VINYL SIDING
• LAUNDRY FACILITY
• TWO OUTBUILDINGS
• GENERATOR INCLUDED

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $86 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $125k (4.1% below list).
• Recommended offer: $125k (4.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Fairview Area School District (rural): math 45% / reading 50% proficiency, ranked #244 of 760 in MI (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 29 active listings in the ZIP; 29 units permitted in Oscoda County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($899 loan paydown + $12k appreciation (9.3% local appreciation)).
• Oscoda County population projected at -32% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (9.3% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $50k; list at $130k implies a 160% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $124,658 (4.1% below list)

Questions for the listing agent

1. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.96% ✗
• Cap rate: 7.09%
• Cash-on-cash: 2.85%
• DSCR: 1.13
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $153,120
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
703 Norway Dr	0.59mi	2/1.5 (-1)	1,100 (+4%)	20mo	$160,000	$145	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

9.27% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 24.8%
• Equity multiple: 2.92×
• Total profit: $69,876
• Equity at exit: $110,256

10-year hold

• IRR: 22.1%
• Equity multiple: 6.50×
• Total profit: $200,043
• Equity at exit: $230,832

Cash invested: $36,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48621

• Home prices YoY: 4.6%
• Active inventory: 29
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,247 medium
• Mortgage (P&I): −$682
• Tax est. 1.5%: −$162 /mo · $1,950/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $86

Break-even live

Break-even rent $1,137

Max offer price $130,000

Occupancy floor 88%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-18
   days on market $130,000 Active 29 DOM
2. 2026-06-17
   days on market $130,000 Active 28 DOM
3. 2026-06-16
   days on market $130,000 Active 27 DOM
4. 2026-06-15
   days on market $130,000 Active 26 DOM
5. 2026-06-13
   days on market $130,000 Active 24 DOM
6. 2026-06-12
   days on market $130,000 Active 23 DOM
7. 2026-06-09
   days on market $130,000 Active 20 DOM
8. 2026-06-08
   days on market $130,000 Active 19 DOM
9. 2026-06-07
   status $130,000 Active 18 DOM
10. 2026-05-12
    status Pending
11. 2026-03-28
    status Pending 1028-char remark

    Show marketing remark (1028 chars)

    Here's your Oscoda County, Fairview area Cottage, just North of Mio, for those hunters, fisherman, snowmobilers, hikers, northern enthusiasts of all kinds or retirees that just want to relax. The area is known as Michigan's Wild Turkey Capitol. Recent owner made it their full-time home. Low maintenance with vinyl siding, new roof & furnace and central vacuum makes this a dream home/cottage for such a great price. Nice comfortable yard, surrounded by woods. Laundry facility is near the kitchen. This home would make for a great base-camp for groups enjoying northern activities together, whether it was an individual buyer or a group investing in a friendly get-a-way or a full-time home. Two outbuildings are ready for hobbyists. One is 12'6" X 20' and one is 10' X 13'. Grab your fishing pole and walk to Perry Lake. Generator is included; just in case the power goes flickering. Home is on Propane. See YouTube video here online. MLS Video, coming soon. Sorry, NO land contracts are available on this property.

12. 2026-03-28
    status Pending

    Show marketing remark (1028 chars)

    Here's your Oscoda County, Fairview area Cottage, just North of Mio, for those hunters, fisherman, snowmobilers, hikers, northern enthusiasts of all kinds or retirees that just want to relax. The area is known as Michigan's Wild Turkey Capitol. Recent owner made it their full-time home. Low maintenance with vinyl siding, new roof & furnace and central vacuum makes this a dream home/cottage for such a great price. Nice comfortable yard, surrounded by woods. Laundry facility is near the kitchen. This home would make for a great base-camp for groups enjoying northern activities together, whether it was an individual buyer or a group investing in a friendly get-a-way or a full-time home. Two outbuildings are ready for hobbyists. One is 12'6" X 20' and one is 10' X 13'. Grab your fishing pole and walk to Perry Lake. Generator is included; just in case the power goes flickering. Home is on Propane. See YouTube video here online. MLS Video, coming soon. Sorry, NO land contracts are available on this property.

13. 2026-03-28
    historical

    Show marketing remark (1028 chars)

    Here's your Oscoda County, Fairview area Cottage, just North of Mio, for those hunters, fisherman, snowmobilers, hikers, northern enthusiasts of all kinds or retirees that just want to relax. The area is known as Michigan's Wild Turkey Capitol. Recent owner made it their full-time home. Low maintenance with vinyl siding, new roof & furnace and central vacuum makes this a dream home/cottage for such a great price. Nice comfortable yard, surrounded by woods. Laundry facility is near the kitchen. This home would make for a great base-camp for groups enjoying northern activities together, whether it was an individual buyer or a group investing in a friendly get-a-way or a full-time home. Two outbuildings are ready for hobbyists. One is 12'6" X 20' and one is 10' X 13'. Grab your fishing pole and walk to Perry Lake. Generator is included; just in case the power goes flickering. Home is on Propane. See YouTube video here online. MLS Video, coming soon. Sorry, NO land contracts are available on this property.

14. 2026-03-10
    listed $130,000 Active

    Show marketing remark (1028 chars)

    Here's your Oscoda County, Fairview area Cottage, just North of Mio, for those hunters, fisherman, snowmobilers, hikers, northern enthusiasts of all kinds or retirees that just want to relax. The area is known as Michigan's Wild Turkey Capitol. Recent owner made it their full-time home. Low maintenance with vinyl siding, new roof & furnace and central vacuum makes this a dream home/cottage for such a great price. Nice comfortable yard, surrounded by woods. Laundry facility is near the kitchen. This home would make for a great base-camp for groups enjoying northern activities together, whether it was an individual buyer or a group investing in a friendly get-a-way or a full-time home. Two outbuildings are ready for hobbyists. One is 12'6" X 20' and one is 10' X 13'. Grab your fishing pole and walk to Perry Lake. Generator is included; just in case the power goes flickering. Home is on Propane. See YouTube video here online. MLS Video, coming soon. Sorry, NO land contracts are available on this property.

15. 2026-03-10
    listed $130,000 Active 1028-char remark

    Show marketing remark (1028 chars)

    Here's your Oscoda County, Fairview area Cottage, just North of Mio, for those hunters, fisherman, snowmobilers, hikers, northern enthusiasts of all kinds or retirees that just want to relax. The area is known as Michigan's Wild Turkey Capitol. Recent owner made it their full-time home. Low maintenance with vinyl siding, new roof & furnace and central vacuum makes this a dream home/cottage for such a great price. Nice comfortable yard, surrounded by woods. Laundry facility is near the kitchen. This home would make for a great base-camp for groups enjoying northern activities together, whether it was an individual buyer or a group investing in a friendly get-a-way or a full-time home. Two outbuildings are ready for hobbyists. One is 12'6" X 20' and one is 10' X 13'. Grab your fishing pole and walk to Perry Lake. Generator is included; just in case the power goes flickering. Home is on Propane. See YouTube video here online. MLS Video, coming soon. Sorry, NO land contracts are available on this property.

16. 2022-03-11
    soldstatus $50,000
17. 2010-04-28
    soldstatus $50,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 1/10 Low 7 d/yr ≥94°F today · 13 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,959
• − Mortgage interest: −$7,282
• − Property taxes: −$1,950
• − Insurance: −$650
• − Repairs & maintenance: −$1,197
• − Management: −$1,197
• − Depreciation: −$3,782
• Taxable loss: −$1,098
• Est. tax savings @ 24.0%: +$264
• After-tax cash flow: $1,300/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Fairview Area School District
• NCES district ID: 2610560
• Math proficiency: 45% ▲ 5.00%
• Reading proficiency: 50% ▲ 5.00%
• Median HH income: $35,353
• Composite: 41.42/100
• National rank: #7306
• State rank: #244 of 760 in MI

Livability — Comins

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 1,087

Population outlook (Oscoda County) Hauer SSP2

• Today (2025): 7,410 people
• By 2030: 6,884 · -7.1%
• By 2040: 5,853 · -21.0%
• By 2050: 5,055 · -31.8%
• By 2075: 3,832 · -48.3%
• By 2100: 2,863 · -61.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Lithuanian 6% Romanian 5% Italian 4%
• Foreign-born: 1% · Vietnam
• Languages at home: 96% English-only · German/W. Germanic 2% Spanish 1%

Political lean MEDSL · Oscoda

• 2024 margin: Solid R (+44.3) · D 27.2% · R 71.6% · Other 1.2%
• 2008→2024 swing: -34.3pp toward R · 2008: -10.0pp · 2024: -44.3pp
• All cycles: 2024: R+44.3 2020: R+43.6 2016: R+44.3 2012: R+16.2 2008: R+10.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.27%
• Current HPI: 210.9497
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

+160.0% since first listed

8 events — show timeline

• 2026-05-12 Pending — REALCOMP
• 2026-03-28 Pending — MiRealSource-MiMLS
• 2026-03-28 Pending — REALCOMP
• 2026-03-28 Listing Removed — REALCOMP
• 2026-03-10 Listed $130,000 MiRealSource-MiMLS
• 2026-03-10 Listed $130,000 REALCOMP
• 2022-03-11 Sold (Public Records) $50,000 Public Records
• 2010-04-28 Sold (Public Records) $50,000 Public Records

Property tax history

-0.9%/yr

Latest (2025): $209 · -48.4% YoY. Source: county tax records.