230 W Washington StMaple RapidsMI48853
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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 Maple Rapids at 230 W Washington St, Maple Rapids, MI, 48853 earns $282/mo cash flow from $1,600/mo rent with a $978/mo payment. Total monthly income totals $1,600/mo, and annual cash flow totals $3,386/yr on $66,267 capital. ROI tracks 25.02% on current figures, and rental yield reads 9.6% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 130.84% and total cumulative return in cash sums $86,701. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,600/mo property income instead of your personal income.
Single Family
Built in 1954
8,712 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Scott E Wheaton • RE/MAX Real Estate Professionals
Mls Name: Greater Lansing AOR
Mls ID: #292128