2282 E Elk Ln, Free Soil, MI, 49411 | $0/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 Free Soil at 2282 E Elk Ln, Free Soil, MI, 49411 generates $3,824/mo in rent and, after a $2,838/mo payment, leaves $0/mo in cash flow. Total monthly income is $3,824/mo, and annual cash flow is $2/yr on $190,787 invested. Return on cash invested sits at 20.06% in year one, and rental yield is 7.91% on a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 104.18% and total cumulative return in cash sums $198,757. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,824/mo property income rather than buyer’s personal income.

Single Family

Built in 1994

3.71 Acres lot

$N/A/sqft

No HOA