1110 Joann CtPort HuronMI48060
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 Port Huron at 1110 Joann Ct, Port Huron, MI, 48060 with 5% annual appreciation on a $199,900 basis while $2,558/mo rent supports operations. Total monthly income totals $2,558/mo and a $978/mo payment preserves $1,240/mo for cash returns. Annual cash flow comes to $14,882/yr on $66,267 deployed, and return on cash invested reaches 42.37% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 15.36%. Five-year ROI measures 223.86% and total cumulative return in cash totals $148,345.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,558/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48060, Port Huron, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,020 (100%) |
| Owner Occupied HU | 10,025 (55.6%) |
| Renter Occupied HU | 6,840 (38.0%) |
| Vacant Housing Units | 1,155 ( 6.4%) |
| Median Home Value | $174,784 |
| Average Home Value | $227,699 |
Housing Distribution
Address Breakdown
Residential
17,092
Single Family
15,565
Multi-Family
1,527
Businesses
1,358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Christman • NextHome Pros
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240060595
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2024-09-13 04:39:35 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702