1116 Hancock StPort HuronMI48060
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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 Port Huron at 1116 Hancock St, Port Huron, MI, 48060 earns $27/mo cash flow from $778/mo rent with a $557/mo payment. Total monthly income totals $778/mo, and annual cash flow totals $328/yr on $37,758 capital. ROI tracks 20.78% on current figures, and rental yield reads 8.2% at a $113,900 purchase. Equity gained on principal adds $735/yr, and 5% annual appreciation supports $31,468 over five years. Five-year ROI reaches 108.12% and total cumulative return in cash sums $40,824. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $778/mo property income instead of your personal income.
Multi Family
Built in 1903
4,791 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
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Listed by: Hans G Stahl • Red Star Equities LLC
Mls Name: Realcomp II
Mls ID: #20251055229