13695 Red Arrow HwyHarbertMI49115
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 Harbert at 13695 Red Arrow Hwy, Harbert, MI, 49115 earns from $2,447/mo rent with a $2,203/mo payment. Total monthly income totals $2,447/mo. ROI tracks 15.72% on current figures, and rental yield reads 6.53% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 80.89% and total cumulative return in cash sums $120,666. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,447/mo property income instead of your personal income.
Single Family
Built in 1970
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49115, Harbert, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 341 (100%) |
| Owner Occupied HU | 114 (33.4%) |
| Renter Occupied HU | 8 ( 2.3%) |
| Vacant Housing Units | 219 (64.2%) |
| Median Home Value | $326,667 |
| Average Home Value | $406,075 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
36
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