1207 Lapeer AvePort 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 1207 Lapeer Ave, Port Huron, MI, 48060 with 5% annual appreciation on a $113,700 basis while $1,694/mo rent supports operations. Total monthly income totals $1,694/mo and a $557/mo payment preserves $943/mo for cash returns. Annual cash flow comes to $11,321/yr on $37,692 deployed, and return on cash invested reaches 49.95% in year one. Equity gained on principal adds $734/yr, and five-year appreciation sums $31,413 alongside rental yield of 17.88%. Five-year ROI measures 264.53% and total cumulative return in cash totals $99,705.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,694/mo property income versus a $557/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
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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