102 W 6th StNorthportMI49670
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Northport at 102 W 6th St, Northport, MI, 49670 earns from $2,786/mo rent with a $3,304/mo payment. Total monthly income totals $2,786/mo. ROI tracks 11.06% on current figures, and rental yield reads 4.95% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 55.9% and total cumulative return in cash sums $124,143. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,786/mo property income instead of your personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49670, Northport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,986 (100%) |
| Owner Occupied HU | 912 (45.9%) |
| Renter Occupied HU | 71 ( 3.6%) |
| Vacant Housing Units | 1,003 (50.5%) |
| Median Home Value | $481,921 |
| Average Home Value | $650,211 |
Housing Distribution
Address Breakdown
Residential
934
Single Family
934
Multi-Family
0
Businesses
100
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Nearby investment properties with comparable prices
Listed by: Sander Scott • Net Real Estate
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1932182
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.