14633 Ivorystone Dr NECedar SpringsMI49319
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
Investment Highlights
Rental property for sale in Cedar Springs at 14633 Ivorystone Dr NE, Cedar Springs, MI, 49319 generates $3,077/mo in rent and, after a $1,713/mo payment, leaves $719/mo in cash flow. Total monthly income is $3,077/mo, and annual cash flow is $8,628/yr on $116,025 invested. Return on cash invested sits at 27.35% in year one, and rental yield is 10.55% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 143.43% and total cumulative return in cash sums $166,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,077/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
0.51 Acres lot
$N/A/sqft
$50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory J Liggins • 616 Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25021926
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.