140 W Main StHartMI49420
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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 Hart at 140 W Main St, Hart, MI, 49420 uses $66,267 cash to close to unlock $5,738/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $1,796/mo, and a $978/mo payment keeps the spread at $478/mo. Purchase price stands at $199,900, and rental yield measures 10.78% with $1,796/mo rent. Return on cash invested shows 28.57% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 149.87% and total cumulative return in cash records $99,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,796/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.33 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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