14055 Ruby LnBig RapidsMI49307
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
Investment Highlights
Investment property for sale in Big Rapids at 14055 Ruby Ln, Big Rapids, MI, 49307 earns $1,059/mo cash flow from $2,938/mo rent with a $1,395/mo payment. Total monthly income totals $2,938/mo, and annual cash flow totals $12,702/yr on $94,478 capital. ROI tracks 33.35% on current figures, and rental yield reads 12.37% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 175.48% and total cumulative return in cash sums $165,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,938/mo property income instead of your personal income.
Single Family
Built in 1975
0.46 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 |
Housing Distribution
Address Breakdown
Residential
8,009
Single Family
7,243
Multi-Family
766
Businesses
704
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Listed by: Pamela Derks • Five Star Real Estate Fremont
Mls Name: MichRIC
Mls Provider:
Mls ID: #25024695
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.