414 Division 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 414 Division St, Eaton Rapids, MI, 48827 at $130,000 posts ROI 32.61% with $456/mo cash flow from $1,313/mo rent. Total monthly income equals $1,313/mo, and annual cash flow records $5,472/yr on $43,095 to close. Return on cash invested measures 32.61% and rental yield reads 12.12% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 171.48% and total cumulative return in cash totals $73,899.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,313/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
9,583 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caleb Harrison • RE/MAX Real Estate Professionals
Mls Name: Greater Lansing AOR
Mls ID: #293226