17728 Indian Village RdBig 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 17728 Indian Village Rd, Big Rapids, MI, 49307 listed at $227,000 pairs $929/mo rent with a $1,111/mo payment. Total monthly income runs $929/mo. Return on cash invested measures 10.85% in year one, and rental yield registers 4.91% at a $227,000 basis. Equity gained on principal adds $1,465/yr, and annual property appreciation at 5% supports $62,716 by year five. Five-year ROI tracks 54.87% and total cumulative return in cash totals $41,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $929/mo property income relative to a $1,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.76 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Douglas W Cooke • Five Star Real Estate (Main)
Mls Name: MichRIC
Mls ID: #25032638