3165 Kenrick StKeego HarborMI48320
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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 Keego Harbor at 3165 Kenrick St, Keego Harbor, MI, 48320 listed at $618,800 pairs $3,209/mo rent with a $3,029/mo payment. Total monthly income runs $3,209/mo. Return on cash invested measures 14.92% in year one, and rental yield registers 6.22% at a $618,800 basis. Equity gained on principal adds $3,993/yr, and annual property appreciation at 5% supports $170,963 by year five. Five-year ROI tracks 76.61% and total cumulative return in cash totals $155,974. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,209/mo property income relative to a $3,029/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48320, Keego Harbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,538 (65.4%) |
| Renter Occupied HU | 598 (25.4%) |
| Vacant Housing Units | 215 ( 9.1%) |
| Median Home Value | $370,560 |
| Average Home Value | $551,053 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
1,877
Multi-Family
199
Businesses
389
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Listed by: Frank Lee • AutoCity Realty LLC
Mls Name: MichRIC
Mls ID: #25034694