2909 North BlvdPort HuronMI48060
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 Port Huron at 2909 North Blvd, Port Huron, MI, 48060 priced at $179,900 converts $1,699/mo rent into $512/mo cash flow after a $881/mo obligation. Total monthly income equals $1,699/mo, and annual cash flow totals $6,146/yr on $59,637 invested. Return on cash invested prints 30.21% in year one, and rental yield reads 11.33% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 158.72% and total cumulative return in cash sums $94,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,699/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1918
6,098 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
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Listed by: Julie Fraser • Berkshire Hathaway HomeServices Kee Realty NB
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50161797
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