22406 E River RdHarriettaMI49638
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 Harrietta at 22406 E River Rd, Harrietta, MI, 49638 generates $4,046/mo in rent, after a $3,402/mo payment. Total monthly income is $4,046/mo. Return on cash invested sits at 17.24% in year one, and rental yield is 6.99% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 89.04% and total cumulative return in cash sums $203,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,046/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49638, Harrietta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 346 (57.0%) |
| Renter Occupied HU | 56 ( 9.2%) |
| Vacant Housing Units | 205 (33.8%) |
| Median Home Value | $152,778 |
| Average Home Value | $195,397 |
Housing Distribution
Address Breakdown
Residential
383
Single Family
383
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices