7195 Timber TrlPort 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 7195 Timber Trl, Port Hope, MI, 48468 offers a 9.38% rental yield on a $199,900 purchase with $1,563/mo rent. Total monthly income registers $1,563/mo, and a $978/mo payment leaves $245/mo available for distribution. Annual cash flow reaches $2,942/yr on $66,267 to close, and return on cash invested stands at 24.35% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 127.25% and total cumulative return in cash at $84,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,563/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
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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