144 Toby Rd NW, Sparta, MI, 49345 | 4.4% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

Investment property for sale in Sparta at 144 Toby Rd NW, Sparta, MI, 49345 with 5% annual appreciation on a $534,900 basis while $1,960/mo rent supports operations. 37% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,783 alongside rental yield of 4.4%. Five-year ROI measures 46.85% and total cumulative return in cash totals $82,449. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,960/mo property income versus a $2,618/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

1.51 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49345, Sparta, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,478 (100%)
Owner Occupied HU	4,521 (82.5%)
Renter Occupied HU	800 (14.6%)
Vacant Housing Units	157 ( 2.9%)
Median Home Value	$330,262
Average Home Value	$362,473