5341 Ferndale DrHarrisonMI48625
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 5341 Ferndale Dr, Harrison, MI, 48625 in Harrison speaks for itself: 23.1% gross on a $107,700 price, generating $2,074/mo in rent and $1,363/mo in net income after the $484/mo debt service. DSCR 4.29, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,360 stacks alongside $29,756 in projected five-year appreciation and $992/yr in principal reduction. Projected total cumulative return: $128,810.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 23.1% | 9.0% |
| Monthly Cash Flow | $1,363 | $150 |
City averages based on Harrison market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,074 |
| Total Monthly Debt Service | $667 |
| DSCR Ratio | 3.11x |
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.
Single Family
Built in 1970
7,405 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
Single Family
Built in 1970
7,405 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices