6155 E Seven Mile Rd, Big Rapids, MI, 49307 | $196/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
- sft

15250 142nd Ave, Big Rapids, MI, 49307

4 Bed
2 Bath
1000 sft

10544 N Lazy Ln, Bitely, MI, 49309

1 Bed
2 Bath
850 sft

19116 Kenny Dr, Big Rapids, MI, 49307

- Bed
- Bath
- sft

11712 Whitefish Rd, Newaygo, MI, 49337

Nearby investment properties with comparable prices

3 Bed
1 Bath
980 sft

17769 Polk Rd, Stanwood, MI, 49346

2 Bed
1 Bath
733 sft

3636 Indian Trails Dr, Hersey, MI, 49639

2 Bed
1 Bath
780 sft

1137 S Bingham Ave, White Cloud, MI, 49349

2 Bed
2 Bath
- sft

15250 142nd Ave, Big Rapids, MI, 49307

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Big Rapids at 6155 E Seven Mile Rd, Big Rapids, MI, 49307 offers a 9.79% rental yield on a $125,000 purchase with $1,020/mo rent. Total monthly income registers $1,020/mo, and a $612/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,346/yr on $41,438 to close, and return on cash invested stands at 25.57% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 133.8% and total cumulative return in cash at $55,445. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1972

9.30 Acres 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