943 S Michigan Rd #R-3Eaton 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 943 S Michigan Rd #R-3, Eaton Rapids, MI, 48827 earns from $642/mo rent with a $538/mo payment. Total monthly income totals $642/mo. ROI tracks 17.18% on current figures, and rental yield reads 7.01% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 88.88% and total cumulative return in cash sums $32,380. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $642/mo property income instead of your personal income.
Single Family
Built in 1955
0.79 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Linda S Beauchamp • Howard Hanna Real Estate Executives
Mls Name: Greater Lansing AOR
Mls ID: #293490