7013 Leonard StCoopersvilleMI49404
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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
Investment property for sale in Coopersville at 7013 Leonard St, Coopersville, MI, 49404 listed at $498,500 pairs $2,825/mo rent with a $2,440/mo payment. Total monthly income runs $2,825/mo. Return on cash invested measures 16.55% in year one, and rental yield registers 6.8% at a $498,500 basis. Equity gained on principal adds $3,217/yr, and annual property appreciation at 5% supports $137,726 by year five. Five-year ROI tracks 85.37% and total cumulative return in cash totals $141,077. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,825/mo property income relative to a $2,440/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
6.70 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Tami L Vroma • Five Star Real Estate (Main)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25021586
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.