208 S East StHartfordMI49057
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
Rental property for sale in Hartford at 208 S East St, Hartford, MI, 49057 offers $1,703/mo rent that, after a $1,013/mo payment, leaves $338/mo cash flow. Total monthly income is $1,703/mo, and annual cash flow is $4,057/yr on $68,621 cash. Return on cash invested measures 25.82% in year one, and rental yield stands at 9.87% at a $207,000 entry. Equity gained on principal adds $1,336/yr while 5% annual appreciation compounds into $57,190 by year five. Five-year ROI records 135.14% and total cumulative return in cash reaches $92,734. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,703/mo property income versus a $1,013/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49057, Hartford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,657 (100%) |
| Owner Occupied HU | 1,639 (61.7%) |
| Renter Occupied HU | 595 (22.4%) |
| Vacant Housing Units | 423 (15.9%) |
| Median Home Value | $145,711 |
| Average Home Value | $209,577 |
Housing Distribution
Address Breakdown
Residential
2,434
Single Family
2,291
Multi-Family
143
Businesses
151
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