28 Mill St, Coopersville, MI, 49404 | $534/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 Coopersville at 28 Mill St, Coopersville, MI, 49404 offers $2,315/mo rent that, after a $1,322/mo payment, leaves $534/mo cash flow. Total monthly income is $2,315/mo, and annual cash flow is $6,408/yr on $89,505 cash. Return on cash invested measures 27.07% in year one, and rental yield stands at 10.29% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 141.77% and total cumulative return in cash reaches $126,889. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,315/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

0.30 Acres lot

$N/A/sqft

No HOA