1230 E Maple Rapids RdSaint JohnsMI48879
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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
Investment Highlights
Investment property for sale in Saint Johns at 1230 E Maple Rapids Rd, Saint Johns, MI, 48879 with 5% annual appreciation on a $362,000 basis while $2,873/mo rent supports operations. Total monthly income totals $2,873/mo and a $1,772/mo payment preserves $486/mo for cash returns. Annual cash flow comes to $5,827/yr on $120,003 deployed, and return on cash invested reaches 24.76% in year one. Equity gained on principal adds $2,336/yr, and five-year appreciation sums $100,014 alongside rental yield of 9.52%. Five-year ROI measures 129.43% and total cumulative return in cash totals $155,317.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,873/mo property income versus a $1,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48879, Saint Johns, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,734 (100%) |
| Owner Occupied HU | 5,988 (77.4%) |
| Renter Occupied HU | 1,368 (17.7%) |
| Vacant Housing Units | 378 ( 4.9%) |
| Median Home Value | $246,160 |
| Average Home Value | $285,008 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,031
Multi-Family
405
Businesses
521
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Listed by: Kori Shook • Kori Shook & Associates
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50173833
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