304 Olds AveHartfordMI49057
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 Hartford at 304 Olds Ave, Hartford, MI, 49057 listed at $165,000 pairs $1,711/mo rent with a $808/mo payment to leave $623/mo cash flow. Total monthly income runs $1,711/mo, and annual cash flow reaches $7,470/yr on $54,698 cash to close. Return on cash invested measures 33.57% in year one, and rental yield registers 12.44% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 176.65% and total cumulative return in cash totals $96,623. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,711/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49057, Hartford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,657 (100%) |
| Owner Occupied HU | 1,639 (61.7%) |
| Renter Occupied HU | 595 (22.4%) |
| Vacant Housing Units | 423 (15.9%) |
| Median Home Value | $145,711 |
| Average Home Value | $209,577 |
Housing Distribution
Address Breakdown
Residential
2,434
Single Family
2,291
Multi-Family
143
Businesses
151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices