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631 E Lake St, Harbor Springs, MI 49740 — $75,900 · 3bd · ~1.9% rule | OnePercent

631 E Lake St, Harbor Springs, MI 49740

$75,900

Home·Harbor Springs 49740·631 E Lake St, Harbor Springs, MI 49740

Last confirmed 5 days ago

631 E Lake St, Harbor Springs, MI 49740

3 bd · 1 ba · 945 sqft · built 1988 · Harbor Springs · MOBILE·source listing ↗

$75,900

rent, three ways

OnePercent model (vv1)$1,439/mo

p10–p90 confidence band

HUD Fair Market Rent · 49740 · 3BR$1,610/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Emmet

Flood risk indexRelatively Moderate FEMA NRI

Median household income$89,250

Median area rent$991/mo

Median home value$363,500

the verdict

1.90%vs 1.2% target

financing: 20% down · — (FRED, live) · 30yr

$75,900

1.90% · rent $1,439

Intrinsic value · income approach

$390,977

81% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.