401 W Church StHarrisvilleMI48740
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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
Investment property for sale in Harrisville at 401 W Church St, Harrisville, MI, 48740 at $324,900 posts ROI 13.96% with from $1,608/mo rent. Total monthly income equals $1,608/mo. Return on cash invested measures 13.96% and rental yield reads 5.94% at the current $324,900. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 by year five. Five-year ROI prints 71.46% and total cumulative return in cash totals $76,961. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,608/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
1.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48740, Harrisville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,725 (100%) |
| Owner Occupied HU | 990 (57.4%) |
| Renter Occupied HU | 156 ( 9.0%) |
| Vacant Housing Units | 579 (33.6%) |
| Median Home Value | $191,848 |
| Average Home Value | $231,965 |
Housing Distribution
Address Breakdown
Residential
1,115
Single Family
1,074
Multi-Family
41
Businesses
120
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Listed by: J. Mick Baird • J. Mick Baird
Mls Name: NGLRMLS
Mls ID: #1924846