229 State St, Eaton Rapids, MI, 48827 | $423/mo Cash Flow

For Sale

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

Investment property for sale in Eaton Rapids at 229 State St, Eaton Rapids, MI, 48827 with 5% annual appreciation on a $189,900 basis while $1,675/mo rent supports operations. Total monthly income totals $1,675/mo and a $929/mo payment preserves $423/mo for cash returns. Annual cash flow comes to $5,078/yr on $62,952 deployed, and return on cash invested reaches 27.98% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 10.58%. Five-year ROI measures 146.69% and total cumulative return in cash totals $92,345.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,675/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1900

8,712 sqft lot

$N/A/sqft

No HOA