3431 Harvestway CtHamiltonMI49419
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3431 Harvestway Ct, Hamilton, MI, 49419 in Hamilton hard to pass up. The 11.18% gross yield on a $333,900 purchase results in $3,112/mo in rent and $876/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.07). Annual cash flow of $10,516, five-year appreciation of $92,250, and $3,075/yr in equity build-up combine for a projected total cumulative return of $183,840.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 8.5% |
| Monthly Cash Flow | $876 | $1,200 |
City averages based on Hamilton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,112 |
| Total Monthly Debt Service | $2,102 |
| DSCR Ratio | 1.48x |
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 2015
10,454 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49419, Hamilton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,062 (100%) |
| Owner Occupied HU | 2,787 (91.0%) |
| Renter Occupied HU | 202 ( 6.6%) |
| Vacant Housing Units | 73 ( 2.4%) |
| Median Home Value | $333,672 |
| Average Home Value | $371,908 |
Housing Distribution
Address Breakdown
Residential
3,061
Single Family
3,061
Multi-Family
0
Businesses
161
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 2015
10,454 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49419, Hamilton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,062 (100%) |
| Owner Occupied HU | 2,787 (91.0%) |
| Renter Occupied HU | 202 ( 6.6%) |
| Vacant Housing Units | 73 ( 2.4%) |
| Median Home Value | $333,672 |
| Average Home Value | $371,908 |
Housing Distribution
Address Breakdown
Residential
3,061
Single Family
3,061
Multi-Family
0
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices