8595 Columbia HwyEaton RapidsMI48827
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 8595 Columbia Hwy, Eaton Rapids, MI, 48827 in Eaton Rapids is a conservative rental investment at $449,000. Rental yield 6.27%. A 1.16 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $124,050; $4,135/yr in principal paydown supplements. Total projected return: $131,540.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 7.5% |
| Monthly Cash Flow | $(614) | $220 |
City averages based on Eaton Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,347 |
| Total Monthly Debt Service | $2,782 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
10.03 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1950
10.03 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nichole McCaig • Visible Homes, LLC
Mls Name: MichRIC
Mls ID: #25061625