1030 Bjornson StBig RapidsMI49307
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Nearby investment properties with comparable prices
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 Big Rapids at 1030 Bjornson St, Big Rapids, MI, 49307 earns $812/mo cash flow from $1,537/mo rent with a $538/mo payment. Total monthly income totals $1,537/mo, and annual cash flow totals $9,744/yr on $36,465 capital. ROI tracks 46.63% on current figures, and rental yield reads 16.77% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 246.65% and total cumulative return in cash sums $89,940. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,537/mo property income instead of your personal income.
Single Family
Built in 1939
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49307, Big Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,216 (100%) |
| Owner Occupied HU | 4,118 (50.1%) |
| Renter Occupied HU | 2,716 (33.1%) |
| Vacant Housing Units | 1,382 (16.8%) |
| Median Home Value | $182,919 |
| Average Home Value | $215,984 |
Housing Distribution
Address Breakdown
Residential
8,009
Single Family
7,243
Multi-Family
766
Businesses
704
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Nearby investment properties with comparable prices
Listed by: Matthew Lauckner • Century 21 White House Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25020617
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.