350 N Huron View RdPort SanilacMI48469
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 Port Sanilac at 350 N Huron View Rd, Port Sanilac, MI, 48469 priced at $335,000 converts $2,828/mo rent into $619/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,828/mo, and annual cash flow totals $7,422/yr on $111,053 invested. Return on cash invested prints 26.59% in year one, and rental yield reads 10.13% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 139.22% and total cumulative return in cash sums $154,604. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,828/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1966
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48469, Port Sanilac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 561 (52.8%) |
| Renter Occupied HU | 99 ( 9.3%) |
| Vacant Housing Units | 403 (37.9%) |
| Median Home Value | $259,940 |
| Average Home Value | $336,689 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
633
Multi-Family
24
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Penny S Schwarzentraub • Town & Country Realty-Lexington
Mls Name: MiRealSource
Mls ID: #50174395