340 Lafayette Rd, Michigan Center, MI, 49254 | $464/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1272 sft

8470 Kennedy Rd, Munith, MI, 49259

3 Bed
1 Bath
1078 sft

909 Munith Rd, Jackson, MI, 49201

3 Bed
1 Bath
896 sft

73 The Blvd, Onsted, MI, 49265

3 Bed
1 Bath
1501 sft

2903 Russell Ct, Clarklake, MI, 49234

Nearby investment properties with comparable prices

3 Bed
2 Bath
1073 sft

3457 Cambridge Ave, Jackson, MI, 49203

3 Bed
1 Bath
1350 sft

603 21st St, Jackson, MI, 49203

3 Bed
2 Bath
1892 sft

2637 Bow St, Jackson, MI, 49203

4 Bed
2 Bath
2780 sft

109 S Wisner St, Jackson, MI, 49203

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

Rental property for sale in Michigan Center at 340 Lafayette Rd, Michigan Center, MI, 49254 priced at $229,900 pairs $1,980/mo rent with $464/mo cash flow after a $1,125/mo payment. Total monthly income equals $1,980/mo, and annual cash flow comes to $5,570/yr on $76,212 invested. Return on cash invested is 27.22% in year one, and rental yield stands at 10.33% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 142.61% and total cumulative return in cash reaches $108,683. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2024

0.37 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49254, Michigan Center, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,517 (100%)
Owner Occupied HU	1,167 (76.9%)
Renter Occupied HU	227 (15.0%)
Vacant Housing Units	123 ( 8.1%)
Median Home Value	$208,133
Average Home Value	$235,548