111 N Maple StHartfordMI49057
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 Hartford at 111 N Maple St, Hartford, MI, 49057 offers a 10.04% rental yield on a $170,000 purchase with $1,423/mo rent. Total monthly income registers $1,423/mo, and a $832/mo payment leaves $302/mo available for distribution. Annual cash flow reaches $3,624/yr on $56,355 to close, and return on cash invested stands at 26.34% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 137.85% and total cumulative return in cash at $77,685. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,423/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49057, Hartford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,657 (100%) |
| Owner Occupied HU | 1,639 (61.7%) |
| Renter Occupied HU | 595 (22.4%) |
| Vacant Housing Units | 423 (15.9%) |
| Median Home Value | $145,711 |
| Average Home Value | $209,577 |
Housing Distribution
Address Breakdown
Residential
2,434
Single Family
2,291
Multi-Family
143
Businesses
151
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