1631 Wells 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 1631 Wells St, Port Huron, MI, 48060 earns $109/mo cash flow from $807/mo rent with a $518/mo payment. Total monthly income totals $807/mo, and annual cash flow totals $1,308/yr on $35,106 capital. ROI tracks 23.63% on current figures, and rental yield reads 9.14% at a $105,900 purchase. Equity gained on principal adds $683/yr, and 5% annual appreciation supports $29,258 over five years. Five-year ROI reaches 123.32% and total cumulative return in cash sums $43,292. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $807/mo property income instead of your personal income.
Single Family
Built in 1921
6,969 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: Susan Singer • Sine & Monaghan Realtors LLC St Clair
Mls Name: MiRealSource
Mls ID: #50197712