15721 Willows DrSpring LakeMI49456
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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
Investment property for sale in Spring Lake at 15721 Willows Dr, Spring Lake, MI, 49456 earns $220/mo cash flow from $2,066/mo rent with a $1,370/mo payment. Total monthly income totals $2,066/mo, and annual cash flow totals $2,640/yr on $92,820 capital. ROI tracks 22.75% on current figures, and rental yield reads 8.85% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 118.61% and total cumulative return in cash sums $110,097. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,066/mo property income instead of your personal income.
Single Family
Built in 1940
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49456, Spring Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,935 (100%) |
| Owner Occupied HU | 7,221 (72.7%) |
| Renter Occupied HU | 1,752 (17.6%) |
| Vacant Housing Units | 962 ( 9.7%) |
| Median Home Value | $380,316 |
| Average Home Value | $448,608 |
Housing Distribution
Address Breakdown
Residential
9,324
Single Family
8,560
Multi-Family
764
Businesses
493
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Listed by: Aaron Viles • West Edge Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25034146
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.