4331 S Canal Dr,Harrison,MI,48625

Investment Highlights

Rental property for sale in Harrison at 4331 S Canal Dr, Harrison, MI, 48625 generates $2,669/mo in rent and, after a $1,400/mo payment, leaves $783/mo in cash flow. Total monthly income is $2,669/mo, and annual cash flow is $9,394/yr on $94,809 invested. Return on cash invested sits at 29.82% in year one, and rental yield is 11.2% on a $286,000 entry. Equity gained on principal adds $1,846/yr, while 5% annual appreciation builds toward $79,017 over five years. Five-year ROI reaches 156.5% and total cumulative return in cash sums $148,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,669/mo property income rather than buyer’s personal income.