3903 Electric AvePort 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
Rental property for sale in Port Huron at 3903 Electric Ave, Port Huron, MI, 48060 priced at $239,900 pairs $1,362/mo rent with after a $1,174/mo payment. Total monthly income equals $1,362/mo. Return on cash invested is 16.59% in year one, and rental yield stands at 6.81% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 85.64% and total cumulative return in cash reaches $68,107. For financing, Ziffy Mortgage’s DSCR program evaluates $1,362/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1882
6,098 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: Brian Frey • KW Platinum Port Huron
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50170279
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