2913 11th AvePort 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
Investment property for sale in Port Huron at 2913 11th Ave, Port Huron, MI, 48060 uses $56,322 cash to close to unlock $3,626/yr annual cash flow and $302/mo monthly cash flow. Total monthly income runs $1,423/mo, and a $832/mo payment keeps the spread at $302/mo. Purchase price stands at $169,900, and rental yield measures 10.05% with $1,423/mo rent. Return on cash invested shows 26.35% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 137.98% and total cumulative return in cash records $77,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,423/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1942
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: Joe Schulte • O'Connor Realty, Inc
Mls Name: Realcomp II
Mls ID: #20251048493