2318 S 13th RdHarriettaMI49638
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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 Harrietta at 2318 S 13th Rd, Harrietta, MI, 49638 listed at $399,900 pairs $2,197/mo rent with a $1,957/mo payment. Total monthly income runs $2,197/mo. Return on cash invested measures 15.93% in year one, and rental yield registers 6.59% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 82.04% and total cumulative return in cash totals $108,764. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,197/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
28 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
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