3073 Lakeview DrHarrisonMI48625
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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 3073 Lakeview Dr, Harrison, MI, 48625 priced at $249,900 pairs $2,034/mo rent with $386/mo cash flow after a $1,223/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $4,634/yr on $82,842 invested. Return on cash invested is 25.5% in year one, and rental yield stands at 9.77% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 133.41% and total cumulative return in cash reaches $110,522. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: TROY CONDELL • CONDELL WONDER LAND
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50174375
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