10261 Pigeon DrHarrisonMI48625
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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 Harrison at 10261 Pigeon Dr, Harrison, MI, 48625 uses $36,299 cash to close to unlock $1,354/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $835/mo, and a $536/mo payment keeps the spread at $113/mo. Purchase price stands at $109,500, and rental yield measures 9.15% with $835/mo rent. Return on cash invested shows 23.64% in year one, and 5% annual appreciation builds toward $30,253 over five years. Five-year ROI reaches 123.37% and total cumulative return in cash records $44,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $835/mo property income covering a $536/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.91 Acres lot
$N/A/sqft
No HOA
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Listed by: ROSEMARIE MAYFIELD • HARRISON REALTY INC.
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50158205
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