117 S Warren AveBig RapidsMI49307
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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
Investment property for sale in Big Rapids at 117 S Warren Ave, Big Rapids, MI, 49307 at $287,900 posts ROI 21.54% with $130/mo cash flow from $2,028/mo rent. Total monthly income equals $2,028/mo, and annual cash flow records $1,555/yr on $95,439 to close. Return on cash invested measures 21.54% and rental yield reads 8.45% at the current $287,900. Equity gained on principal adds $1,858/yr, and 5% annual appreciation supports $79,541 by year five. Five-year ROI prints 112.11% and total cumulative return in cash totals $106,997.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,028/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49307, Big Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,216 (100%) |
| Owner Occupied HU | 4,118 (50.1%) |
| Renter Occupied HU | 2,716 (33.1%) |
| Vacant Housing Units | 1,382 (16.8%) |
| Median Home Value | $182,919 |
| Average Home Value | $215,984 |
Housing Distribution
Address Breakdown
Residential
8,009
Single Family
7,243
Multi-Family
766
Businesses
704
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Listed by: Joseph McNally • RE/MAX TOGETHER
Mls Name: MichRIC
Mls ID: #25001649