827 Elk St, Port Huron, MI, 48060 | $530/mo Cash Flow

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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 Port Huron at 827 Elk St, Port Huron, MI, 48060 offers a 12.52% rental yield on a $138,000 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $675/mo payment leaves $530/mo available for distribution. Annual cash flow reaches $6,365/yr on $45,747 to close, and return on cash invested stands at 33.82% in year one. Equity gained on principal adds $890/yr while 5% annual appreciation supports $38,127 over five years. Portfolio math shows five-year ROI at 178.05% and total cumulative return in cash at $81,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $675/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1918

2,178 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48060, Port Huron, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,020 (100%)
Owner Occupied HU	10,025 (55.6%)
Renter Occupied HU	6,840 (38.0%)
Vacant Housing Units	1,155 ( 6.4%)
Median Home Value	$174,784
Average Home Value	$227,699