11123 Griffith RdEaton RapidsMI48827
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11123 Griffith Rd, Eaton Rapids, MI, 48827 in Eaton Rapids deserves attention. This $339,900 property earns $3,192/mo in rent, a 11.27% gross yield, and nets $951/mo after the $1,611/mo payment. DSCR 1.98 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $93,908 compounds alongside $2,849/yr in yearly equity build, for a total cumulative return of $184,319.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.5% |
| Monthly Cash Flow | $951 | $220 |
City averages based on Eaton Rapids market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,192 |
| Total Monthly Debt Service | $2,189 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1892
1.72 Acres lot
$N/A/sqft
No HOA
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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
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Listed by: N/A • N/A
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #299284
