1034 Poquette RdHarrisvilleMI49735
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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 Harrisville at 1034 Poquette Rd, Harrisville, MI, 49735 uses $50,720 cash to close to unlock $2,003/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $1,176/mo, and a $749/mo payment keeps the spread at $167/mo. Purchase price stands at $153,000, and rental yield measures 9.22% with $1,176/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $42,271 over five years. Five-year ROI reaches 124.54% and total cumulative return in cash records $63,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,176/mo property income covering a $749/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49735, Gaylord, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 6,690 (57.7%) |
| Renter Occupied HU | 2,091 (18.0%) |
| Vacant Housing Units | 2,811 (24.2%) |
| Median Home Value | $227,968 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
9,514
Single Family
8,967
Multi-Family
547
Businesses
768
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Listed by: SOLD ON MICHIGAN TEAM Nancy, Leslie, Kaycie, Kinsey & Troy • smith realty GROUP
Mls Name: WWMLS
Mls ID: #201837679