2401 Walnut StPort HuronMI48060
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2401 Walnut St, Port Huron, MI, 48060 in Port Huron is a solid income-producing rental, 9.52% gross yield, $1,269/mo rent, $214/mo net cash flow on a $160,000 buy. DSCR 1.76 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $44,205 and $1,474/yr in principal reduction project a total cumulative return of $74,728.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $214 | $850 |
City averages based on Port Huron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,269 |
| Total Monthly Debt Service | $991 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1883
4,791 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
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
Single Family
Built in 1883
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cooper Brown • RE/MAX Eclipse
Mls Name: Realcomp II
Mls ID: #20251062262