3179 Harper RdMasonMI48854
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 Mason at 3179 Harper Rd, Mason, MI, 48854 priced at $169,900 converts $1,339/mo rent into $158/mo cash flow after a $832/mo obligation. Total monthly income equals $1,339/mo, and annual cash flow totals $1,894/yr on $56,322 invested. Return on cash invested prints 23.27% in year one, and rental yield reads 9.46% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 121.9% and total cumulative return in cash sums $68,654. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,339/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1940
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48854, Mason, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,950 (100%) |
| Owner Occupied HU | 6,261 (78.8%) |
| Renter Occupied HU | 1,385 (17.4%) |
| Vacant Housing Units | 304 ( 3.8%) |
| Median Home Value | $265,466 |
| Average Home Value | $287,694 |
Housing Distribution
Address Breakdown
Residential
8,001
Single Family
7,459
Multi-Family
542
Businesses
509
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Nearby investment properties with comparable prices
Listed by: David Hall • Achieve Real Estate LLC
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #286783
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS