413 15th StPort 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 413 15th St, Port Huron, MI, 48060 generates $1,115/mo in rent, after a $1,224/mo payment. Total monthly income is $1,115/mo. Return on cash invested sits at 12.18% in year one, and rental yield is 5.35% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 61.88% and total cumulative return in cash sums $51,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,115/mo property income rather than buyer’s personal income.
Multi Family
Built in 1908
5,227 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: Sebastian Freeman • Epique Realty
Mls Name: Realcomp II
Mls ID: #20251058098