6223 E Townline Lake RdHarrisonMI48625
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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 6223 E Townline Lake Rd, Harrison, MI, 48625 offers a 7.34% rental yield on a $200,000 purchase with $1,224/mo rent. 19% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 94.15% and total cumulative return in cash at $62,420. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,224/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.60 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: RUTH DEFOY • HARRISON REALTY INC.
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50177070
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