16450 Doe Dr NE, Cedar Springs, MI, 49319 | $83/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

7 Bed
2 Bath
1999 sft

1411 Union Ave NE, Grand Rapids, MI, 49505

3 Bed
2 Bath
1386 sft

114 Burr Oak St NE, Grand Rapids, MI, 49505

3 Bed
2 Bath
1400 sft

333 Quarterline St, Newaygo, MI, 49337

3 Bed
1 Bath
1104 sft

141 Brandywyne Dr NW, Comstock Park, MI, 49321

Nearby investment properties with comparable prices

1 Bed
2 Bath
1200 sft

1814 Corville Ct NW #39, Grand Rapids, MI, 49504

3 Bed
3 Bath
1576 sft

Integrity 1560 Plan, White Pine Trails, Cedar Springs, MI, 49319

3 Bed
2 Bath
1426 sft

1714 Providence St NE, Grand Rapids, MI, 49525

5 Bed
3 Bath
2190 sft

5105 Wallingford Dr NW, Comstock Park, MI, 49321

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Cedar Springs at 16450 Doe Dr NE, Cedar Springs, MI, 49319 listed at $370,000 pairs $2,565/mo rent with a $1,811/mo payment to leave $83/mo cash flow. Total monthly income runs $2,565/mo, and annual cash flow reaches $1,000/yr on $122,655 cash to close. Return on cash invested measures 20.72% in year one, and rental yield registers 8.32% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 107.92% and total cumulative return in cash totals $132,365. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,565/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2000

0.73 Acres lot

$N/A/sqft

$250 semi-annually 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