797 Michigan StEaton 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
Investment property for sale in Eaton Rapids at 797 Michigan St, Eaton Rapids, MI, 48827 offers a 10.21% rental yield on a $171,500 purchase with $1,459/mo rent. Total monthly income registers $1,459/mo, and a $839/mo payment leaves $328/mo available for distribution. Annual cash flow reaches $3,941/yr on $56,852 to close, and return on cash invested stands at 26.84% in year one. Equity gained on principal adds $1,107/yr while 5% annual appreciation supports $47,382 over five years. Portfolio math shows five-year ROI at 140.6% and total cumulative return in cash at $79,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,459/mo property income against a $839/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.70 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Gary Lee King • LPT Realty LLC
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #286392
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