10619 Barnes RdEaton RapidsMI48827
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 10619 Barnes Rd, Eaton Rapids, MI, 48827 in Eaton Rapids is capital appreciation. Rental yield 2.3%. The 2.3% gross yield at $335,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $92,554 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.43) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $26,821.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 7.5% |
| Monthly Cash Flow | $(1,567) | $220 |
City averages based on Eaton Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $642 |
| Total Monthly Debt Service | $2,076 |
| DSCR Ratio | 0.31x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
1.51 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Single Family
Built in 1988
1.51 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Laforet Team • RE/MAX Real Estate Professionals
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #290080
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