538 N Lake St, Harrison, MI, 48625 | 4.11% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Harrison at 538 N Lake St, Harrison, MI, 48625 priced at $465,000 pairs $1,594/mo rent with after a $2,276/mo payment. Total monthly income equals $1,594/mo. Return on cash invested is 8.45% in year one, and rental yield stands at 4.11% on a $465,000 basis. Equity gained on principal adds $3,001/yr, and 5% annual appreciation accumulates to $128,471 by year five. Five-year ROI measures 41.91% and total cumulative return in cash reaches $64,607. For financing, Ziffy Mortgage’s DSCR program evaluates $1,594/mo property income against a $2,276/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1936

0.37 Acres lot

$N/A/sqft

No HOA