6932 S Ruby StHarrisonMI48625
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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 6932 S Ruby St, Harrison, MI, 48625 with 5% annual appreciation on a $119,500 basis while $938/mo rent supports operations. Total monthly income totals $938/mo and a $585/mo payment preserves $150/mo for cash returns. Annual cash flow comes to $1,798/yr on $39,614 deployed, and return on cash invested reaches 24.45% in year one. Equity gained on principal adds $771/yr, and five-year appreciation sums $33,016 alongside rental yield of 9.42%. Five-year ROI measures 127.73% and total cumulative return in cash totals $50,598.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $938/mo property income versus a $585/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: GAIL KORMAN • CONDELL WONDER LAND
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50170647
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