13642 Larkspur LnCedar SpringsMI49319
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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 $1,192/mo, and a $1,076/mo payment. Purchase price stands at $219,900, and rental yield measures 6.5% with $1,192/mo rent. Return on cash invested shows 5.38% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 29.24% and total cumulative return in cash records $21,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,192/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Manufactured
Built in 2016
N/A lot
$N/A/sqft
$625 monthly 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 |
Housing Distribution
Address Breakdown
Residential
6,325
Single Family
6,172
Multi-Family
153
Businesses
338
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Listed by: Donald L Scott • Five Star Real Estate (Main)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25040272
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.