12240 White Cedar Dr NE, Cedar Springs, MI, 49319 | $580/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 Cedar Springs at 12240 White Cedar Dr NE, Cedar Springs, MI, 49319 generates $3,580/mo in rent and, after a $2,178/mo payment, leaves $580/mo in cash flow. Total monthly income is $3,580/mo, and annual cash flow is $6,958/yr on $147,518 invested. Return on cash invested sits at 24.63% in year one, and rental yield is 9.65% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 128.85% and total cumulative return in cash sums $190,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,580/mo property income rather than buyer’s personal income.

Single Family

Built in 2016

0.97 Acres lot

$N/A/sqft

$197 quarterly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49319, Cedar Springs, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,518 (100%)
Owner Occupied HU	5,543 (85.0%)
Renter Occupied HU	749 (11.5%)
Vacant Housing Units	226 ( 3.5%)
Median Home Value	$310,820
Average Home Value	$373,136