3030 Donald AveHarsens IslandMI48028
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 Harsens Island at 3030 Donald Ave, Harsens Island, MI, 48028 generates $1,419/mo in rent and, after a $874/mo payment, leaves $242/mo in cash flow. Total monthly income is $1,419/mo, and annual cash flow is $2,898/yr on $59,173 invested. Return on cash invested sits at 24.81% in year one, and rental yield is 9.54% on a $178,500 entry. Equity gained on principal adds $1,152/yr, while 5% annual appreciation builds toward $49,316 over five years. Five-year ROI reaches 129.67% and total cumulative return in cash sums $76,730. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,419/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48028, Harsens Island, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 477 (29.9%) |
| Renter Occupied HU | 28 ( 1.8%) |
| Vacant Housing Units | 1,091 (68.4%) |
| Median Home Value | $393,852 |
| Average Home Value | $421,226 |
Housing Distribution
Address Breakdown
Residential
873
Single Family
873
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A