1515 Lakeside Dr, Harbor Beach, MI, 48441 | 7.56% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Harbor Beach at 1515 Lakeside Dr, Harbor Beach, MI, 48441 with 5% annual appreciation on a $300,000 basis while $1,889/mo rent supports operations. 84% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 7.56%. Five-year ROI measures 97.6% and total cumulative return in cash totals $97,068. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,889/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2001

0.47 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48441, Harbor Beach, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,171 (100%)
Owner Occupied HU	1,377 (63.4%)
Renter Occupied HU	292 (13.5%)
Vacant Housing Units	502 (23.1%)
Median Home Value	$174,589
Average Home Value	$232,275