4560 Heynig RdHarbor SpringsMI49740
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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 Harbor Springs at 4560 Heynig Rd, Harbor Springs, MI, 49740 listed at $710,000 pairs $4,151/mo rent with a $3,475/mo payment. Total monthly income runs $4,151/mo. Return on cash invested measures 17.33% in year one, and rental yield registers 7.02% at a $710,000 basis. Equity gained on principal adds $4,582/yr, and annual property appreciation at 5% supports $196,160 by year five. Five-year ROI tracks 89.52% and total cumulative return in cash totals $209,099. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,151/mo property income relative to a $3,475/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49740, Harbor Springs, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,444 (100%) |
| Owner Occupied HU | 3,072 (47.7%) |
| Renter Occupied HU | 529 ( 8.2%) |
| Vacant Housing Units | 2,843 (44.1%) |
| Median Home Value | $375,000 |
| Average Home Value | $480,244 |
Housing Distribution
Address Breakdown
Residential
4,857
Single Family
4,689
Multi-Family
168
Businesses
499
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Listed by: N/A • N/A
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