10890 Easton RdRives JunctionMI49277
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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
Investment property for sale in Rives Junction at 10890 Easton Rd, Rives Junction, MI, 49277 earns $753/mo cash flow from $2,731/mo rent with a $1,468/mo payment. Total monthly income totals $2,731/mo, and annual cash flow totals $9,038/yr on $99,417 capital. ROI tracks 29% on current figures, and rental yield reads 10.93% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 152.18% and total cumulative return in cash sums $151,288. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,731/mo property income instead of your personal income.
Single Family
Built in 1978
11.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49277, Rives Junction, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 1,201 (88.4%) |
| Renter Occupied HU | 92 ( 6.8%) |
| Vacant Housing Units | 66 ( 4.9%) |
| Median Home Value | $261,993 |
| Average Home Value | $280,718 |
Housing Distribution
Address Breakdown
Residential
1,250
Single Family
1,250
Multi-Family
0
Businesses
35
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Listed by: Tracey Hernly & Co. • Howard Hanna Real Estate Executives
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #282722
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 2023 Greater Lansing Association of REALTORS