502 Green St, Big Rapids, MI, 49307 | $421/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Big Rapids at 502 Green St, Big Rapids, MI, 49307 offers a 10.6% rental yield on a $187,900 purchase with $1,660/mo rent. Total monthly income registers $1,660/mo, and a $920/mo payment leaves $421/mo available for distribution. Annual cash flow reaches $5,047/yr on $62,289 to close, and return on cash invested stands at 28.01% in year one. Equity gained on principal adds $1,212/yr while 5% annual appreciation supports $51,913 over five years. Portfolio math shows five-year ROI at 146.84% and total cumulative return in cash at $91,465. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,660/mo property income against a $920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1920

0.65 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