2391 Onondaga RdEaton RapidsMI48827
Nearby investment properties with comparable rents
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
Rental property for sale in Eaton Rapids at 2391 Onondaga Rd, Eaton Rapids, MI, 48827 generates $1,766/mo in rent and, after a $1,145/mo payment, leaves $223/mo in cash flow. Total monthly income is $1,766/mo, and annual cash flow is $2,678/yr on $77,571 invested. Return on cash invested sits at 23.36% in year one, and rental yield is 9.06% on a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation builds toward $64,650 over five years. Five-year ROI reaches 121.95% and total cumulative return in cash sums $94,599. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,766/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.55 Acres 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: #291162