1890 Janet 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 1890 Janet St, Harrison, MI, 48625 priced at $170,000 converts $1,409/mo rent into $288/mo cash flow after a $832/mo obligation. Total monthly income equals $1,409/mo, and annual cash flow totals $3,456/yr on $56,355 invested. Return on cash invested prints 26.04% in year one, and rental yield reads 9.95% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 136.23% and total cumulative return in cash sums $76,773. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,409/mo property income covering a $832/mo payment, not borrower’s personal income.
Manufactured
Built in 1993
0.56 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sue Whipple • City2Shore Real Estate Northern Michigan
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1934837
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 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.