202 Kerry StEaton RapidsMI48827
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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
Investment property for sale in Eaton Rapids at 202 Kerry St, Eaton Rapids, MI, 48827 uses $81,218 cash to close to unlock $4,362/yr annual cash flow and $364/mo monthly cash flow. Total monthly income runs $1,979/mo, and a $1,199/mo payment keeps the spread at $364/mo. Purchase price stands at $245,000, and rental yield measures 9.69% with $1,979/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 132.19% and total cumulative return in cash records $107,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,979/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.30 Acres lot
$N/A/sqft
No HOA
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Listed by: Alexa Colestock • Arrowhead Realty
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #288838
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS