4574 Huron StPort HopeMI48468
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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 Port Hope at 4574 Huron St, Port Hope, MI, 48468 uses $66,267 cash to close to unlock $5,726/yr annual cash flow and $477/mo monthly cash flow. Total monthly income runs $1,795/mo, and a $978/mo payment keeps the spread at $477/mo. Purchase price stands at $199,900, and rental yield measures 10.78% with $1,795/mo rent. Return on cash invested shows 28.55% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 149.78% and total cumulative return in cash records $99,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,795/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48468, Port Hope, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,044 (100%) |
| Owner Occupied HU | 516 (49.4%) |
| Renter Occupied HU | 61 ( 5.8%) |
| Vacant Housing Units | 467 (44.7%) |
| Median Home Value | $215,942 |
| Average Home Value | $272,955 |
Housing Distribution
Address Breakdown
Residential
612
Single Family
612
Multi-Family
0
Businesses
26
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