11511 Baker Rd, Jerome, MI, 49249 | 6.09% Rental Yield

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NMLS #2625701

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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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Investment Highlights

Rental property for sale in Jerome at 11511 Baker Rd, Jerome, MI, 49249 generates $4,188/mo in rent, after a $4,037/mo payment. Total monthly income is $4,188/mo. Return on cash invested sits at 14.46% in year one, and rental yield is 6.09% on a $824,900 entry. Equity gained on principal adds $5,323/yr, while 5% annual appreciation builds toward $227,905 over five years. Five-year ROI reaches 74.17% and total cumulative return in cash sums $201,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,188/mo property income rather than buyer’s personal income.

Single Family

Built in 1965

1.20 Acres lot

$N/A/sqft

$175 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49249, Jerome, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,882 (100%)
Owner Occupied HU	1,324 (70.4%)
Renter Occupied HU	144 ( 7.7%)
Vacant Housing Units	414 (22.0%)
Median Home Value	$254,545
Average Home Value	$286,856