5501 E Haskell Lake 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
Investment property for sale in Harrison at 5501 E Haskell Lake Rd, Harrison, MI, 48625 at $243,900 posts ROI 57.03% with $2,501/mo cash flow from $4,110/mo rent. Total monthly income equals $4,110/mo, and annual cash flow records $30,016/yr on $80,853 to close. Return on cash invested measures 57.03% and rental yield reads 20.22% at the current $243,900. Equity gained on principal adds $1,574/yr, and 5% annual appreciation supports $67,385 by year five. Five-year ROI prints 302.49% and total cumulative return in cash totals $244,575.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,110/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
9.80 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Thelen • RE/MAX Finest
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #282728
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS