428 N Lake StHarrisonMI48625
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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 428 N Lake St, Harrison, MI, 48625 priced at $229,900 pairs $1,217/mo rent with after a $1,125/mo payment. Total monthly income equals $1,217/mo. Return on cash invested is 15.2% in year one, and rental yield stands at 6.35% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 78.21% and total cumulative return in cash reaches $59,603. For financing, Ziffy Mortgage’s DSCR program evaluates $1,217/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices