6575 Circle DrHarrisonMI48625
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
Rental property for sale in Harrison at 6575 Circle Dr, Harrison, MI, 48625 priced at $299,900 converts $2,903/mo rent into $925/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,903/mo, and annual cash flow totals $11,102/yr on $99,417 invested. Return on cash invested prints 31.08% in year one, and rental yield reads 11.62% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 163.3% and total cumulative return in cash sums $162,352. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,903/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.25 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: ROBIN WITKOWSKI • CUMMINGS REALTY
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50143766
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