1313 W Lever RdHartMI49420
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 Hart at 1313 W Lever Rd, Hart, MI, 49420 at $265,000 posts ROI 22.59% with $197/mo cash flow from $1,944/mo rent. Total monthly income equals $1,944/mo, and annual cash flow records $2,358/yr on $87,848 to close. Return on cash invested measures 22.59% and rental yield reads 8.8% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 117.78% and total cumulative return in cash totals $103,467.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,944/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
3.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49420, Hart, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,918 (100%) |
| Owner Occupied HU | 1,834 (62.9%) |
| Renter Occupied HU | 541 (18.5%) |
| Vacant Housing Units | 543 (18.6%) |
| Median Home Value | $178,297 |
| Average Home Value | $224,875 |
Housing Distribution
Address Breakdown
Residential
2,618
Single Family
2,527
Multi-Family
91
Businesses
255
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