615 Jennie St,Eaton Rapids,MI,48827

Investment Highlights

Investment property for sale in Eaton Rapids at 615 Jennie St, Eaton Rapids, MI, 48827 offers a 9.33% rental yield on a $162,000 purchase with $1,260/mo rent. Total monthly income registers $1,260/mo, and a $793/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,299/yr on $53,703 to close, and return on cash invested stands at 24.19% in year one. Equity gained on principal adds $1,045/yr while 5% annual appreciation supports $44,758 over five years. Portfolio math shows five-year ROI at 126.37% and total cumulative return in cash at $67,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.