13025 Pope Church RdSpringportMI49284
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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
Total monthly income runs $1,553/mo, and a $7,831/mo payment. Purchase price stands at $1,599,999, and rental yield measures 1.16% with $1,553/mo rent. Return on cash invested shows -0.46% in year one, and 5% annual appreciation builds toward $442,050 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,553/mo property income covering a $7,831/mo payment rather than investor’s personal income.
Single Family
Built in 2022
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49284, Springport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,110 (72.8%) |
| Renter Occupied HU | 182 (11.9%) |
| Vacant Housing Units | 233 (15.3%) |
| Median Home Value | $235,061 |
| Average Home Value | $285,342 |
Housing Distribution
Address Breakdown
Residential
1,174
Single Family
1,174
Multi-Family
0
Businesses
54
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Listed by: Cheri Hendershot-Tarpley • Century 21 Affiliated
Mls Name: Greater Lansing AOR
Mls ID: #293196