7841 W 28th RdHarriettaMI49638
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 Harrietta at 7841 W 28th Rd, Harrietta, MI, 49638 uses $51,714 cash to close to unlock $2,470/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $1,235/mo, and a $764/mo payment keeps the spread at $206/mo. Purchase price stands at $156,000, and rental yield measures 9.5% with $1,235/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $43,100 over five years. Five-year ROI reaches 128.98% and total cumulative return in cash records $66,702. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,235/mo property income covering a $764/mo payment rather than investor’s personal income.
Manufactured
Built in 1976
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49638, Harrietta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 346 (57.0%) |
| Renter Occupied HU | 56 ( 9.2%) |
| Vacant Housing Units | 205 (33.8%) |
| Median Home Value | $152,778 |
| Average Home Value | $195,397 |
Housing Distribution
Address Breakdown
Residential
383
Single Family
383
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices