1112 Lake Dr,Harrison,MI,48625

Investment Highlights

Rental property for sale in Harrison at 1112 Lake Dr, Harrison, MI, 48625 offers $1,003/mo rent that, after a $563/mo payment, leaves $235/mo cash flow. Total monthly income is $1,003/mo, and annual cash flow is $2,824/yr on $38,122 cash. Return on cash invested measures 27.32% in year one, and rental yield stands at 10.47% at a $114,999 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 143.28% and total cumulative return in cash reaches $54,621. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,003/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.