55 E Harrington RdCroswellMI48422
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 Croswell at 55 E Harrington Rd, Croswell, MI, 48422 at $140,000 posts ROI 29.29% with $363/mo cash flow from $1,286/mo rent. Total monthly income equals $1,286/mo, and annual cash flow records $4,356/yr on $46,410 to close. Return on cash invested measures 29.29% and rental yield reads 11.02% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 153.71% and total cumulative return in cash totals $71,338.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,286/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48422, Croswell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,044 (73.8%) |
| Renter Occupied HU | 484 (17.5%) |
| Vacant Housing Units | 241 ( 8.7%) |
| Median Home Value | $180,859 |
| Average Home Value | $216,363 |
Housing Distribution
Address Breakdown
Residential
2,589
Single Family
2,440
Multi-Family
149
Businesses
157
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Listed by: Shelley M Watters • Coldwell Banker Professionals Port Huron
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50183628
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