414 Maple StBig RapidsMI49307
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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
Rental property for sale in Big Rapids at 414 Maple St, Big Rapids, MI, 49307 priced at $699,900 converts $2,898/mo rent into after a $3,426/mo obligation. Total monthly income equals $2,898/mo. Return on cash invested prints 11.11% in year one, and rental yield reads 4.97% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. Five-year ROI reaches 56.16% and total cumulative return in cash sums $129,320. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,898/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1866
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49307, Big Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,216 (100%) |
| Owner Occupied HU | 4,118 (50.1%) |
| Renter Occupied HU | 2,716 (33.1%) |
| Vacant Housing Units | 1,382 (16.8%) |
| Median Home Value | $182,919 |
| Average Home Value | $215,984 |
Housing Distribution
Address Breakdown
Residential
8,009
Single Family
7,243
Multi-Family
766
Businesses
704
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Listed by: Whitney Kay Harrison • Epique Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25030178
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.