18950 Elli Ln, Fruitport, MI, 49415 | $1,295/mo Cash Flow

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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

Rental property for sale in Fruitport at 18950 Elli Ln, Fruitport, MI, 49415 generates $4,526/mo in rent and, after a $2,398/mo payment, leaves $1,295/mo in cash flow. Total monthly income is $4,526/mo, and annual cash flow is $15,542/yr on $162,402 invested. Return on cash invested sits at 29.48% in year one, and rental yield is 11.09% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 154.71% and total cumulative return in cash sums $251,249. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,526/mo property income rather than buyer’s personal income.

Single Family

Built in 2001

3.36 Acres lot

$N/A/sqft

No HOA