379 E Clarence 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
Rental property for sale in Harrison at 379 E Clarence Rd, Harrison, MI, 48625 priced at $115,000 converts $901/mo rent into $143/mo cash flow after a $563/mo obligation. Total monthly income equals $901/mo, and annual cash flow totals $1,710/yr on $38,123 invested. Return on cash invested prints 24.39% in year one, and rental yield reads 9.4% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 127.51% and total cumulative return in cash sums $48,609. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $901/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Mary Lou Cagle • Houghton Lake Realty
Mls Name: WWMLS
Mls Provider:
Mls ID: #201836222
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