817 Cherry Ave, Big Rapids, MI, 49307 | $511/mo Cash Flow

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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

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Investment Highlights

Rental property for sale in Big Rapids at 817 Cherry Ave, Big Rapids, MI, 49307 priced at $248,500 pairs $2,149/mo rent with $511/mo cash flow after a $1,216/mo payment. Total monthly income equals $2,149/mo, and annual cash flow comes to $6,127/yr on $82,378 invested. Return on cash invested is 27.35% in year one, and rental yield stands at 10.38% on a $248,500 basis. Equity gained on principal adds $1,604/yr, and 5% annual appreciation accumulates to $68,656 by year five. Five-year ROI measures 143.28% and total cumulative return in cash reaches $118,027. For financing, Ziffy Mortgage’s DSCR program evaluates $2,149/mo property income against a $1,216/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1956

0.26 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