405 State StEaton 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
Investment property for sale in Eaton Rapids at 405 State St, Eaton Rapids, MI, 48827 with 5% annual appreciation on a $234,900 basis while $2,308/mo rent supports operations. Total monthly income totals $2,308/mo and a $1,150/mo payment preserves $759/mo for cash returns. Annual cash flow comes to $9,104/yr on $77,869 deployed, and return on cash invested reaches 31.6% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 11.79%. Five-year ROI measures 166.07% and total cumulative return in cash totals $129,321.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,308/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
0.25 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Laura Ann DeLong • DeLong and Co.
Mls Name: Greater Lansing AOR
Mls ID: #293673