114 N Center StEaton RapidsMI48827
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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
Rental property for sale in Eaton Rapids at 114 N Center St, Eaton Rapids, MI, 48827 priced at $168,900 pairs $1,535/mo rent with $421/mo cash flow after a $827/mo payment. Total monthly income equals $1,535/mo, and annual cash flow comes to $5,050/yr on $55,990 invested. Return on cash invested is 28.93% in year one, and rental yield stands at 10.91% on a $168,900 basis. Equity gained on principal adds $1,090/yr, and 5% annual appreciation accumulates to $46,664 by year five. Five-year ROI measures 151.74% and total cumulative return in cash reaches $84,960. For financing, Ziffy Mortgage’s DSCR program evaluates $1,535/mo property income against a $827/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.35 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: John Decker • DeLong and Co.
Mls Name: Greater Lansing AOR
Mls ID: #290170