414 Division StEaton RapidsMI48827
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 414 Division St, Eaton Rapids, MI, 48827 in Eaton Rapids earns a 12.12% gross yield at $130,000. Rent of $1,313/mo nets $456/mo after the $585/mo mortgage. The 2.24 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $35,917 and $1,197/yr in equity accumulation project a total cumulative return of $78,833.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 7.5% |
| Monthly Cash Flow | $456 | $220 |
City averages based on Eaton Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,313 |
| Total Monthly Debt Service | $806 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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