1502 23rd StPort 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 1502 23rd St, Port Huron, MI, 48060 earns $187/mo cash flow from $1,103/mo rent with a $680/mo payment. Total monthly income totals $1,103/mo, and annual cash flow totals $2,240/yr on $46,079 capital. ROI tracks 24.77% on current figures, and rental yield reads 9.52% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 129.5% and total cumulative return in cash sums $59,672. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,103/mo property income instead of your personal income.
Single Family
Built in 1943
5,227 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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Listed by: Staci Schott • KW Platinum
Mls Name: MiRealSource
Mls ID: #50192535