108 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 108 S Center St, Eaton Rapids, MI, 48827 offers $1,960/mo rent that, after a $1,341/mo payment, leaves $153/mo cash flow. Total monthly income is $1,960/mo, and annual cash flow is $1,838/yr on $90,831 cash. Return on cash invested measures 21.93% in year one, and rental yield stands at 8.58% at a $274,000 entry. Equity gained on principal adds $1,768/yr while 5% annual appreciation compounds into $75,701 by year five. Five-year ROI records 114.27% and total cumulative return in cash reaches $103,797. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,960/mo property income versus a $1,341/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.52 Acres lot
$N/A/sqft
No HOA
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Listed by: Daniel Bankson • Key Realty One, LLC
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #288010
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS