6149 Ferris RdEaton RapidsMI48827
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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 Eaton Rapids at 6149 Ferris Rd, Eaton Rapids, MI, 48827 priced at $394,900 converts $2,045/mo rent into after a $1,933/mo obligation. Total monthly income equals $2,045/mo. Return on cash invested prints 14.78% in year one, and rental yield reads 6.21% against a $394,900 entry. Equity gained on principal adds $2,548/yr, while 5% annual appreciation compiles into $109,104 by year five. Five-year ROI reaches 75.89% and total cumulative return in cash sums $99,347. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,045/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1999
10 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Alissa Pawlowski • Vision Real Estate
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #285885
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