5556 W Barnes RdEaton RapidsMI48827
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play5556 W Barnes Rd, Eaton Rapids, MI, 48827 in Eaton Rapids is priced for appreciation, not yield. Rental yield 2.41%. At $320,000 with a 2.41% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $88,410 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.45) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $27,416.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.4% | 7.5% |
| Monthly Cash Flow | $(1,468) | $220 |
City averages based on Eaton Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $642 |
| Total Monthly Debt Service | $1,983 |
| DSCR Ratio | 0.32x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1995
1 Acres 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 1995
1 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bruce Carpenter • HOMEDATION Realty
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #287928
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS