844 Harrison BlvdLincoln ParkMI48146
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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 Lincoln Park at 844 Harrison Blvd, Lincoln Park, MI, 48146 earns $640/mo cash flow from $1,726/mo rent with a $806/mo payment. Total monthly income totals $1,726/mo, and annual cash flow totals $7,682/yr on $54,565 capital. ROI tracks 33.99% on current figures, and rental yield reads 12.58% at a $164,600 purchase. Equity gained on principal adds $1,062/yr, and 5% annual appreciation supports $45,476 over five years. Five-year ROI reaches 178.96% and total cumulative return in cash sums $97,650. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,726/mo property income instead of your personal income.
Single Family
Built in 1950
5,445 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48146, Lincoln Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,394 (100%) |
| Owner Occupied HU | 11,122 (67.8%) |
| Renter Occupied HU | 4,506 (27.5%) |
| Vacant Housing Units | 766 ( 4.7%) |
| Median Home Value | $123,136 |
| Average Home Value | $171,848 |
Housing Distribution
Address Breakdown
Residential
15,865
Single Family
14,963
Multi-Family
902
Businesses
737
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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