4165 Walker RdHarrisvilleMI48740
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
Investment property for sale in Harrisville at 4165 Walker Rd, Harrisville, MI, 48740 listed at $365,000 pairs $1,776/mo rent with a $1,786/mo payment. Total monthly income runs $1,776/mo. Return on cash invested measures 13.66% in year one, and rental yield registers 5.84% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 69.85% and total cumulative return in cash totals $84,511. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,776/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
39.09 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathon Allen Klukowski • Forty Five North Real Estate
Mls Name: WWMLS
Mls ID: #201838278