44017 Harmony LnVan Buren TownshipMI48111
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 Van Buren Township at 44017 Harmony Ln, Van Buren Township, MI, 48111 listed at $325,000 pairs $2,977/mo rent with a $1,591/mo payment to leave $834/mo cash flow. Total monthly income runs $2,977/mo, and annual cash flow reaches $10,002/yr on $107,738 cash to close. Return on cash invested measures 29.19% in year one, and rental yield registers 10.99% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 153.17% and total cumulative return in cash totals $165,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,977/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48111, Belleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,990 (100%) |
| Owner Occupied HU | 13,158 (65.8%) |
| Renter Occupied HU | 5,714 (28.6%) |
| Vacant Housing Units | 1,118 ( 5.6%) |
| Median Home Value | $271,917 |
| Average Home Value | $286,480 |
Housing Distribution
Address Breakdown
Residential
19,973
Single Family
17,138
Multi-Family
2,835
Businesses
655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Therese Antonelli • Moving The Mitten RE Group Inc
Mls Name: Realcomp II
Mls ID: #20261001039