616 Muirfield DrEaton 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 616 Muirfield Dr, Eaton Rapids, MI, 48827 priced at $277,245 converts $2,923/mo rent into $1,010/mo cash flow after a $1,357/mo obligation. Total monthly income equals $2,923/mo, and annual cash flow totals $12,116/yr on $91,907 invested. Return on cash invested prints 33.09% in year one, and rental yield reads 12.65% against a $277,245 entry. Equity gained on principal adds $1,789/yr, while 5% annual appreciation compiles into $76,598 by year five. Five-year ROI reaches 174.47% and total cumulative return in cash sums $160,352. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,923/mo property income covering a $1,357/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
$85 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Mike McGivney • Allen Edwin Realty
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #284424
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