4690 E Arnold Lake 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 4690 E Arnold Lake Rd, Harrison, MI, 48625 offers $1,387/mo rent that, after a $729/mo payment, leaves $405/mo cash flow. Total monthly income is $1,387/mo, and annual cash flow is $4,856/yr on $49,394 cash. Return on cash invested measures 29.74% in year one, and rental yield stands at 11.17% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 156.15% and total cumulative return in cash reaches $77,128. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,387/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
7,840 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: RUTH DEFOY • HARRISON REALTY INC.
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50173465
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