3033 Mount Vernon RdPort HuronMI48060
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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 Port Huron at 3033 Mount Vernon Rd, Port Huron, MI, 48060 uses $79,527 cash to close to unlock $3,674/yr annual cash flow and $306/mo monthly cash flow. Total monthly income runs $1,888/mo, and a $1,174/mo payment keeps the spread at $306/mo. Purchase price stands at $239,900, and rental yield measures 9.44% with $1,888/mo rent. Return on cash invested shows 24.53% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 128.19% and total cumulative return in cash records $101,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,888/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1959
7,800 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: Stephan Furstenau • iHome Realty, Inc.
Mls Name: MiRealSource
Mls ID: #50185523