1401 Springview CtMiddlevilleMI49333
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1401 Springview Ct, Middleville, MI, 49333 in Middleville at $399,000 earns $2,701/mo in rent and nets $70/mo after the $1,794/mo payment, a 8.12% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $110,236 over five years. Ziffy Mortgage underwrites this on a 1.51 DSCR without U.S. credit history. With $3,675/yr in principal paydown, total projected return reaches $156,509.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 8.1% |
| Monthly Cash Flow | $70 | $250 |
City averages based on Middleville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,701 |
| Total Monthly Debt Service | $2,472 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2018
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia J Barton • Greenridge Realty (Caledonia)
Mls Name: MichRIC
Mls ID: #26004151