224 S Holmes StEaton RapidsMI48827
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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 Eaton Rapids at 224 S Holmes St, Eaton Rapids, MI, 48827 offers a 7% rental yield on a $110,000 purchase with $642/mo rent. 18% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 88.72% and total cumulative return in cash at $32,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $642/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Chelsie DeLong • Keller Williams Realty Lansing
Mls Name: Greater Lansing AOR
Mls ID: #292502