1701 Edson RdHarrisonMI48625
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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 1701 Edson Rd, Harrison, MI, 48625 uses $36,465 cash to close to unlock $13,272/yr annual cash flow and $1,106/mo monthly cash flow. Total monthly income runs $1,831/mo, and a $538/mo payment keeps the spread at $1,106/mo. Purchase price stands at $110,000, and rental yield measures 19.97% with $1,831/mo rent. Return on cash invested shows 56.31% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 298.51% and total cumulative return in cash records $108,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,831/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 1984
1.06 Acres lot
$N/A/sqft
No HOA
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Listed by: Rachel Shoemaker • FIVE STAR REAL ESTATE - MT. PLEASANT
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1925015
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.