560 S Lakeshore RdPort SanilacMI48469
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
Rental property for sale in Port Sanilac at 560 S Lakeshore Rd, Port Sanilac, MI, 48469 priced at $189,999 pairs $1,354/mo rent with $101/mo cash flow after a $930/mo payment. Total monthly income equals $1,354/mo, and annual cash flow comes to $1,212/yr on $62,985 invested. Return on cash invested is 21.83% in year one, and rental yield stands at 8.55% on a $189,999 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,493 by year five. Five-year ROI measures 113.67% and total cumulative return in cash reaches $71,592. For financing, Ziffy Mortgage’s DSCR program evaluates $1,354/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
8.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48469, Port Sanilac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 561 (52.8%) |
| Renter Occupied HU | 99 ( 9.3%) |
| Vacant Housing Units | 403 (37.9%) |
| Median Home Value | $259,940 |
| Average Home Value | $336,689 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
633
Multi-Family
24
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joan Schinderle-King • Realty Executives Home Towne Chesterfield
Mls Name: MiRealSource
Mls ID: #50182508