2990 N Harrison Ave,Harrison,MI,48625

Investment Highlights

Investment property for sale in Harrison at 2990 N Harrison Ave, Harrison, MI, 48625 listed at $189,900 pairs $1,508/mo rent with a $929/mo payment to leave $256/mo cash flow. Total monthly income runs $1,508/mo, and annual cash flow reaches $3,074/yr on $62,952 cash to close. Return on cash invested measures 24.79% in year one, and rental yield registers 9.53% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 129.61% and total cumulative return in cash totals $81,593. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,508/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).