350 Birchwood Dr, Harbor Springs, MI, 49740 | $390/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Harbor Springs at 350 Birchwood Dr, Harbor Springs, MI, 49740 earns $390/mo cash flow from $4,274/mo rent with a $2,883/mo payment. Total monthly income totals $4,274/mo, and annual cash flow totals $4,676/yr on $193,781 capital. ROI tracks 22.47% on current figures, and rental yield reads 8.71% at a $589,000 purchase. Equity gained on principal adds $3,801/yr, and 5% annual appreciation supports $162,730 over five years. Five-year ROI reaches 117.1% and total cumulative return in cash sums $226,922. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,274/mo property income instead of your personal income.

Single Family

Built in 1975

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49740, Harbor Springs, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,444 (100%)
Owner Occupied HU	3,072 (47.7%)
Renter Occupied HU	529 ( 8.2%)
Vacant Housing Units	2,843 (44.1%)
Median Home Value	$375,000
Average Home Value	$480,244