3255 Harrington 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 3255 Harrington Rd, Port Huron, MI, 48060 listed at $144,900 pairs $1,238/mo rent with a $709/mo payment to leave $283/mo cash flow. Total monthly income runs $1,238/mo, and annual cash flow reaches $3,392/yr on $48,034 cash to close. Return on cash invested measures 26.97% in year one, and rental yield registers 10.25% at a $144,900 basis. Equity gained on principal adds $935/yr, and annual property appreciation at 5% supports $40,033 by year five. Five-year ROI tracks 141.28% and total cumulative return in cash totals $67,861. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,238/mo property income relative to a $709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
9,147 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: Justin Tibble • NEXGEN Realty
Mls Name: Realcomp II
Mls ID: #20251050230