3290 Van Deusen RdHarrisonMI48625
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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
Investment property for sale in Harrison at 3290 Van Deusen Rd, Harrison, MI, 48625 with 5% annual appreciation on a $420,000 basis while $3,911/mo rent supports operations. Total monthly income totals $3,911/mo and a $2,056/mo payment preserves $1,141/mo for cash returns. Annual cash flow comes to $13,692/yr on $139,230 deployed, and return on cash invested reaches 29.74% in year one. Equity gained on principal adds $2,710/yr, and five-year appreciation sums $116,038 alongside rental yield of 11.17%. Five-year ROI measures 156.1% and total cumulative return in cash totals $217,339.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,911/mo property income versus a $2,056/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
1.96 Acres lot
$N/A/sqft
No HOA
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Listed by: Jim Vanas • LEGACY REAL ESTATE
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1921385
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.