234 W Elder Rd, Harrison, MI, 48625 | 7.25% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Harrison at 234 W Elder Rd, Harrison, MI, 48625 generates $1,691/mo in rent, after a $1,370/mo payment. Total monthly income is $1,691/mo. Return on cash invested sits at 17.91% in year one, and rental yield is 7.25% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 92.67% and total cumulative return in cash sums $85,981. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,691/mo property income rather than buyer’s personal income.

Single Family

Built in 1975

4 Acres lot

$N/A/sqft

No HOA