16654 148th Ave, Spring Lake, MI, 49456 | $101/mo Cash Flow

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 Spring Lake at 16654 148th Ave, Spring Lake, MI, 49456 uses $79,527 cash to close to unlock $1,214/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $1,683/mo, and a $1,174/mo payment keeps the spread at $101/mo. Purchase price stands at $239,900, and rental yield measures 8.42% with $1,683/mo rent. Return on cash invested shows 21.44% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 111.61% and total cumulative return in cash records $88,759. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,683/mo property income covering a $1,174/mo payment rather than investor’s personal income.

Single Family

Built in 1966

1.68 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