511 Lansing StHarrisonMI48625
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 511 Lansing St, Harrison, MI, 48625 in Harrison is listed at $190,000 and delivers $1,650/mo in rent and $318/mo in net monthly cash flow. The 10.42% yield and 1.93 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $52,494 over five years, and $1,750/yr in principal reduction supplements cash return. Total projected cumulative return: $93,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 9.0% |
| Monthly Cash Flow | $318 | $150 |
City averages based on Harrison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,650 |
| Total Monthly Debt Service | $1,257 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1966
8,276 sqft lot
$N/A/sqft
No HOA
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
Multi Family
Built in 1966
8,276 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KARI GARBER • HARRISON REALTY INC.
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50171924
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