31595 N River RdHarrison TownshipMI48045
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Nearby investment properties with comparable prices
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
Investment property for sale in Harrison Township at 31595 N River Rd, Harrison Township, MI, 48045 listed at $919,900 pairs $5,370/mo rent with a $4,502/mo payment. Total monthly income runs $5,370/mo. Return on cash invested measures 17.3% in year one, and rental yield registers 7.01% at a $919,900 basis. Equity gained on principal adds $5,936/yr, and annual property appreciation at 5% supports $254,151 by year five. Five-year ROI tracks 89.37% and total cumulative return in cash totals $270,463. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,370/mo property income relative to a $4,502/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48045, Harrison Township, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,362 (100%) |
| Owner Occupied HU | 8,181 (66.2%) |
| Renter Occupied HU | 3,402 (27.5%) |
| Vacant Housing Units | 779 ( 6.3%) |
| Median Home Value | $336,322 |
| Average Home Value | $360,409 |
Housing Distribution
Address Breakdown
Residential
12,285
Single Family
10,343
Multi-Family
1,942
Businesses
383
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Listed by: Kevin Paton • @properties Christie's Int'l
Mls Name: MichRIC
Mls ID: #26001344