18792 Fir Dr, Big Rapids, MI, 49307 | 4.62% 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 $962/mo, and a $1,223/mo payment. Purchase price stands at $249,900, and rental yield measures 4.62% with $962/mo rent. Return on cash invested shows 9.97% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 50.17% and total cumulative return in cash records $41,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $962/mo property income covering a $1,223/mo payment rather than investor’s personal income.

Manufactured

Built in 1997

3.50 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