100 S Center StEaton RapidsMI48827
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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 Eaton Rapids at 100 S Center St, Eaton Rapids, MI, 48827 priced at $179,000 converts $1,392/mo rent into $212/mo cash flow after a $876/mo obligation. Total monthly income equals $1,392/mo, and annual cash flow totals $2,540/yr on $59,339 invested. Return on cash invested prints 24.19% in year one, and rental yield reads 9.33% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 126.34% and total cumulative return in cash sums $74,967. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,392/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.52 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Aimee Halstead • Keller Williams Realty Lansing
Mls Name: Greater Lansing AOR
Mls ID: #291210