826 S Gunnell RdEaton 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 826 S Gunnell Rd, Eaton Rapids, MI, 48827 generates $2,372/mo in rent, after a $2,056/mo payment. Total monthly income is $2,372/mo. Return on cash invested sits at 16.48% in year one, and rental yield is 6.78% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 84.97% and total cumulative return in cash sums $118,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,372/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
27.58 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Teresa Redfield • Exit Great Lakes Realty
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #290528
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