12260 183rd Ave, Big rapids, MI, 49307 | 2.32% Rental Yield

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Ziffy Mortgage

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

Total monthly income runs $955/mo, and a $2,420/mo payment. Purchase price stands at $494,500, and rental yield measures 2.32% with $955/mo rent. Return on cash invested shows 3.03% in year one, and 5% annual appreciation builds toward $136,621 over five years. Five-year ROI reaches 12.87% and total cumulative return in cash records $21,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $955/mo property income covering a $2,420/mo payment rather than investor’s personal income.

Single Family

Built in 1975

0.78 Acres 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