513 Rose AveBig RapidsMI49307
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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
Rental property for sale in Big Rapids at 513 Rose Ave, Big Rapids, MI, 49307 priced at $219,900 pairs $1,717/mo rent with $267/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,717/mo, and annual cash flow comes to $3,206/yr on $72,897 invested. Return on cash invested is 24.31% in year one, and rental yield stands at 9.37% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 127.01% and total cumulative return in cash reaches $92,584. For financing, Ziffy Mortgage’s DSCR program evaluates $1,717/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,405 sqft 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: Gina Todd • Target Realty Group LLC
Mls Name: MichRIC
Mls ID: #25046362