890 S Harrison AveHarrisonMI48625
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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
Rental property for sale in Harrison at 890 S Harrison Ave, Harrison, MI, 48625 priced at $235,000 converts $2,990/mo rent into $1,441/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,990/mo, and annual cash flow totals $17,286/yr on $77,903 invested. Return on cash invested prints 42.1% in year one, and rental yield reads 15.27% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 222.39% and total cumulative return in cash sums $173,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,990/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Manufactured
Built in 1985
10.76 Acres lot
$N/A/sqft
No HOA
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Listed by: Preston Bovee • Homewaters, LLC
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1939428
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.