1333 Pinetree TrlHarbor SpringsMI49740
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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
Rental property for sale in Harbor Springs at 1333 Pinetree Trl, Harbor Springs, MI, 49740 priced at $1,539,000 converts $3,883/mo rent into after a $7,533/mo obligation. Total monthly income equals $3,883/mo. Return on cash invested prints 5.29% in year one, and rental yield reads 3.03% against a $1,539,000 entry. Equity gained on principal adds $9,931/yr, while 5% annual appreciation compiles into $425,197 by year five. Five-year ROI reaches 24.89% and total cumulative return in cash sums $124,120. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,883/mo property income covering a $7,533/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49740, Harbor Springs, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,444 (100%) |
| Owner Occupied HU | 3,072 (47.7%) |
| Renter Occupied HU | 529 ( 8.2%) |
| Vacant Housing Units | 2,843 (44.1%) |
| Median Home Value | $375,000 |
| Average Home Value | $480,244 |
Housing Distribution
Address Breakdown
Residential
4,857
Single Family
4,689
Multi-Family
168
Businesses
499
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Listed by: Patrick Leavy • Kidd & Leavy Real Estate Co. LLC
Mls Name: Northern Michigan MLS
Mls Provider:
Mls ID: #475683
Disclaimer: Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.