943 S Michigan Rd,Eaton Rapids,MI,48827

Investment Highlights

Investment property for sale in Eaton Rapids at 943 S Michigan Rd, Eaton Rapids, MI, 48827 offers a 9.3% rental yield on a $109,900 purchase with $852/mo rent. Total monthly income registers $852/mo, and a $538/mo payment leaves $127/mo available for distribution. Annual cash flow reaches $1,526/yr on $36,432 to close, and return on cash invested stands at 24.1% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 126% and total cumulative return in cash at $45,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $852/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.