3345 Harmony RdHopkinsMI49328
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $259,900, 3345 Harmony Rd, Hopkins, MI, 49328 in Hopkins generates $1,882/mo in rent (8.69% yield) but nets only $112/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.61) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $71,806. Total projected return: $106,500.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.0% |
| Monthly Cash Flow | $112 | $300 |
City averages based on Hopkins market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,882 |
| Total Monthly Debt Service | $1,666 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49328, Hopkins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,641 (100%) |
| Owner Occupied HU | 1,370 (83.5%) |
| Renter Occupied HU | 177 (10.8%) |
| Vacant Housing Units | 94 ( 5.7%) |
| Median Home Value | $287,900 |
| Average Home Value | $313,617 |
Housing Distribution
Address Breakdown
Residential
1,771
Single Family
1,580
Multi-Family
191
Businesses
71
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
Single Family
Built in 1900
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49328, Hopkins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,641 (100%) |
| Owner Occupied HU | 1,370 (83.5%) |
| Renter Occupied HU | 177 (10.8%) |
| Vacant Housing Units | 94 ( 5.7%) |
| Median Home Value | $287,900 |
| Average Home Value | $313,617 |
Housing Distribution
Address Breakdown
Residential
1,771
Single Family
1,580
Multi-Family
191
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
