854 Harrison BlvdLincoln ParkMI48146
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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
Rental property for sale in Lincoln Park at 854 Harrison Blvd, Lincoln Park, MI, 48146 offers $1,276/mo rent that, after a $793/mo payment, leaves $208/mo cash flow. Total monthly income is $1,276/mo, and annual cash flow is $2,491/yr on $53,703 cash. Return on cash invested measures 24.55% in year one, and rental yield stands at 9.45% at a $162,000 entry. Equity gained on principal adds $1,045/yr while 5% annual appreciation compounds into $44,758 by year five. Five-year ROI records 128.29% and total cumulative return in cash reaches $68,897. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,276/mo property income versus a $793/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,662 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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Listed by: Jessica Graves • Vantage Realty Group, LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25047324
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.