119 W Elm StHarrisonMI48625
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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
Rental property for sale in Harrison at 119 W Elm St, Harrison, MI, 48625 priced at $138,000 pairs $1,909/mo rent with $999/mo cash flow after a $675/mo payment. Total monthly income equals $1,909/mo, and annual cash flow comes to $11,993/yr on $45,747 invested. Return on cash invested is 46.12% in year one, and rental yield stands at 16.6% on a $138,000 basis. Equity gained on principal adds $890/yr, and 5% annual appreciation accumulates to $38,127 by year five. Five-year ROI measures 244.04% and total cumulative return in cash reaches $111,642. For financing, Ziffy Mortgage’s DSCR program evaluates $1,909/mo property income against a $675/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.38 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: LISA VASHER • VASHER PROPERTIES LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50152866
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