118 Lansing StEaton RapidsMI48827
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow118 Lansing St, Eaton Rapids, MI, 48827 in Eaton Rapids is a top-tier cash-flow asset. At $150,000 it produces $1,541/mo in rent and $552/mo in net monthly income, a 12.33% gross rental yield. The DSCR of 2.29 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,619. Five-year appreciation adds $41,442, driving a total cumulative return of $92,684.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 7.5% |
| Monthly Cash Flow | $552 | $220 |
City averages based on Eaton Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,541 |
| Total Monthly Debt Service | $929 |
| DSCR Ratio | 1.66x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1880
7,840 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Multi Family
Built in 1880
7,840 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacee Robison • Keller Williams Realty Lansing
Mls Name: Greater Lansing AOR
Mls ID: #291131