5885 W Levering Rd, Harbor Springs, MI, 49740 | $216/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Harbor Springs at 5885 W Levering Rd, Harbor Springs, MI, 49740 listed at $189,000 pairs $1,462/mo rent with a $925/mo payment to leave $216/mo cash flow. Total monthly income runs $1,462/mo, and annual cash flow reaches $2,588/yr on $62,654 cash to close. Return on cash invested measures 24.04% in year one, and rental yield registers 9.28% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 125.55% and total cumulative return in cash totals $78,658. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,462/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1850

0.91 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