285 S 2nd 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 285 S 2nd St, Harrison, MI, 48625 priced at $159,000 pairs $1,206/mo rent with $158/mo cash flow after a $778/mo payment. Total monthly income equals $1,206/mo, and annual cash flow comes to $1,892/yr on $52,709 invested. Return on cash invested is 23.5% in year one, and rental yield stands at 9.1% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 122.64% and total cumulative return in cash reaches $64,644. For financing, Ziffy Mortgage’s DSCR program evaluates $1,206/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: ROBIN WITKOWSKI • Century 21 Signature - Clare
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50168919
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