15885 McClellan RdSpringportMI49284
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
Investment property for sale in Springport at 15885 McClellan Rd, Springport, MI, 49284 earns $169/mo cash flow from $1,323/mo rent with a $857/mo payment. Total monthly income totals $1,323/mo, and annual cash flow totals $2,022/yr on $58,013 capital. ROI tracks 23.39% on current figures, and rental yield reads 9.07% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 122.1% and total cumulative return in cash sums $70,831. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,323/mo property income instead of your personal income.
Single Family
Built in 2015
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49284, Springport, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,110 (72.8%) |
| Renter Occupied HU | 182 (11.9%) |
| Vacant Housing Units | 233 (15.3%) |
| Median Home Value | $235,061 |
| Average Home Value | $285,342 |
Housing Distribution
Address Breakdown
Residential
1,174
Single Family
1,174
Multi-Family
0
Businesses
54
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Listed by: Margaret Paige • Epique Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25045220
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.