2959 S Michigan Rd, Eaton Rapids, MI, 48827 | $1,930/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
4 Bath
4146 sft

12610 Oneida Woods Trl, Grand Ledge, MI, 48837

Currently Rented+ 1 more

4 Bed
2 Bath
2764 sft

15364 Wright Rd, Grand Ledge, MI, 48837

4 Bed
3 Bath
2160 sft

2915 Crestwood Dr, East Lansing, MI, 48823

- Bed
- Bath
- sft

113-117 Louis St, East Lansing, MI, 48823

Nearby investment properties with comparable prices

4 Bed
2 Bath
1120 sft

1526 Illinois Ave, Lansing, MI, 48906

4 Bed
1 Bath
1210 sft

1015 Lake Lansing Rd, Lansing, MI, 48906

3 Bed
1 Bath
1371 sft

218 W Thomas St, Lansing, MI, 48906

2 Bed
2 Bath
1025 sft

711 Carom Cir, Mason, MI, 48854

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Eaton Rapids at 2959 S Michigan Rd, Eaton Rapids, MI, 48827 earns $1,930/mo cash flow from $3,018/mo rent with a $808/mo payment. Total monthly income totals $3,018/mo, and annual cash flow totals $23,154/yr on $54,698 capital. ROI tracks 62.24% on current figures, and rental yield reads 21.95% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 330.42% and total cumulative return in cash sums $180,731. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,018/mo property income instead of your personal income.

Single Family

Built in 1950

1.02 Acres lot

$N/A/sqft

No HOA