4985 Wilson RdHarrisonMI48625
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4985 Wilson Rd, Harrison, MI, 48625 priced at $185,000 converts $3,269/mo rent into $2,050/mo cash flow after a $905/mo obligation. Total monthly income equals $3,269/mo, and annual cash flow totals $24,594/yr on $61,328 invested. Return on cash invested prints 60.01% in year one, and rental yield reads 21.2% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 318.44% and total cumulative return in cash sums $195,291. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,269/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 2022
9.70 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ROSEMARIE MAYFIELD • HARRISON REALTY INC.
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50153154
Disclaimer: Source MLS: MiRealSource Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. [Click here for more information](/info/mls-disclaimers/#mls_261)