5118 Lake Pointe DrHarrisonMI48625
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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
Investment property for sale in Harrison at 5118 Lake Pointe Dr, Harrison, MI, 48625 listed at $117,500 pairs $1,390/mo rent with a $575/mo payment to leave $615/mo cash flow. Total monthly income runs $1,390/mo, and annual cash flow reaches $7,383/yr on $38,951 cash to close. Return on cash invested measures 38.86% in year one, and rental yield registers 14.2% at a $117,500 basis. Equity gained on principal adds $758/yr, and annual property appreciation at 5% supports $32,463 by year five. Five-year ROI tracks 205.12% and total cumulative return in cash totals $79,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,390/mo property income relative to a $575/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Bryce Updegraff • PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933917
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.