1050 Harvard RdGrosse Pointe ParkMI48230
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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 Grosse Pointe Park at 1050 Harvard Rd, Grosse Pointe Park, MI, 48230 at $650,000 posts ROI 14.93% with from $3,371/mo rent. Total monthly income equals $3,371/mo. Return on cash invested measures 14.93% and rental yield reads 6.22% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 76.61% and total cumulative return in cash totals $163,826. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,371/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48230, Grosse Pointe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 5,393 (74.1%) |
| Renter Occupied HU | 1,458 (20.0%) |
| Vacant Housing Units | 427 ( 5.9%) |
| Median Home Value | $465,224 |
| Average Home Value | $515,405 |
Housing Distribution
Address Breakdown
Residential
7,260
Single Family
7,029
Multi-Family
231
Businesses
377
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Nearby investment properties with comparable prices
Listed by: Helen Aguilera • James Francis Realty
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50165705
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