6615 Ridge 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 6615 Ridge Rd, Harrison, MI, 48625 earns $138/mo cash flow from $1,390/mo rent with a $929/mo payment. Total monthly income totals $1,390/mo, and annual cash flow totals $1,658/yr on $62,952 capital. ROI tracks 22.54% on current figures, and rental yield reads 8.78% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 117.56% and total cumulative return in cash sums $74,009. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,390/mo property income instead of your personal income.
Single Family
Built in 1957
0.49 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lori Gamble • CENTURY 21 SIGNATURE REALTY - CLARE
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1926205
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.