951 Lake Dr,Harrison,MI,48625

Investment Highlights

Investment property for sale in Harrison at 951 Lake Dr, Harrison, MI, 48625 offers a 9.19% rental yield on a $165,000 purchase with $1,264/mo rent. Total monthly income registers $1,264/mo, and a $808/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,106/yr on $54,698 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 124.04% and total cumulative return in cash at $67,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,264/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.