5906 Barnes RdEaton RapidsMI48827
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 5906 Barnes Rd, Eaton Rapids, MI, 48827 in Eaton Rapids. Priced at $100,000, it generates $2,078/mo in gross rent and $1,419/mo in net monthly cash flow, a 24.94% yield that comfortably supports the 4.62 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $17,027. Five-year appreciation: $27,628. Equity from principal paydown: $921/yr. Total projected cumulative return: $129,365.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 24.9% | 7.5% |
| Monthly Cash Flow | $1,419 | $220 |
City averages based on Eaton Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,078 |
| Total Monthly Debt Service | $620 |
| DSCR Ratio | 3.35x |
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 1900
3 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 1900
3 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LeAnne E Hagemann • RE/MAX Perrett Associates - Marshall
Mls Name: MichRIC
Mls ID: #25047747