211 E 7th StNorthportMI49670
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
Investment property for sale in Northport at 211 E 7th St, Northport, MI, 49670 earns from $2,626/mo rent with a $3,177/mo payment. Total monthly income totals $2,626/mo. ROI tracks 10.76% on current figures, and rental yield reads 4.86% at a $649,000 purchase. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 over five years. Five-year ROI reaches 54.3% and total cumulative return in cash sums $115,932. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,626/mo property income instead of your personal income.
Single Family
Built in 1989
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49670, Northport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,986 (100%) |
| Owner Occupied HU | 912 (45.9%) |
| Renter Occupied HU | 71 ( 3.6%) |
| Vacant Housing Units | 1,003 (50.5%) |
| Median Home Value | $481,921 |
| Average Home Value | $650,211 |
Housing Distribution
Address Breakdown
Residential
934
Single Family
934
Multi-Family
0
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices