7239 Lighthouse Rd, Port Hope, MI, 48468 | 4.36% Rental Yield

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

Total monthly income runs $1,290/mo, and a $1,738/mo payment. Purchase price stands at $355,000, and rental yield measures 4.36% with $1,290/mo rent. Return on cash invested shows 9.19% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 45.89% and total cumulative return in cash records $54,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,290/mo property income covering a $1,738/mo payment rather than investor’s personal income.

Single Family

Built in N/A

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