418 E Linden StHartfordMI49057
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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 Hartford at 418 E Linden St, Hartford, MI, 49057 priced at $214,900 converts $2,062/mo rent into $645/mo cash flow after a $1,052/mo obligation. Total monthly income equals $2,062/mo, and annual cash flow totals $7,736/yr on $71,239 invested. Return on cash invested prints 30.77% in year one, and rental yield reads 11.51% against a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,373 by year five. Five-year ROI reaches 161.62% and total cumulative return in cash sums $115,134. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,062/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49057, Hartford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,657 (100%) |
| Owner Occupied HU | 1,639 (61.7%) |
| Renter Occupied HU | 595 (22.4%) |
| Vacant Housing Units | 423 (15.9%) |
| Median Home Value | $145,711 |
| Average Home Value | $209,577 |
Housing Distribution
Address Breakdown
Residential
2,434
Single Family
2,291
Multi-Family
143
Businesses
151
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