517 Harding AveKingsfordMI49802
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow517 Harding Ave, Kingsford, MI, 49802 in Kingsford is a solid income-producing rental, 10.93% gross yield, $1,361/mo rent, $376/mo net cash flow on a $149,400 buy. DSCR 2.03 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $41,276 and $1,376/yr in principal reduction project a total cumulative return of $81,147.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 7.2% |
| Monthly Cash Flow | $376 | $150 |
City averages based on Kingsford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,361 |
| Total Monthly Debt Service | $926 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1936
6,098 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1936
6,098 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices