129 E Main StMaple RapidsMI48853
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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
Rental property for sale in Maple Rapids at 129 E Main St, Maple Rapids, MI, 48853 generates $1,003/mo in rent and, after a $636/mo payment, leaves $146/mo in cash flow. Total monthly income is $1,003/mo, and annual cash flow is $1,752/yr on $43,095 invested. Return on cash invested sits at 23.97% in year one, and rental yield is 9.26% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 125.14% and total cumulative return in cash sums $53,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,003/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Bryan Czape • 43 NORTH REALTY
Mls Name: NGLRMLS
Mls ID: #1937558