18957 N Fruitport Rd, Spring Lake, MI, 49456 | 3.04% Rental Yield

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 18957 N Fruitport Rd, Spring Lake, MI, 49456 listed at $1,690,000 pairs $4,276/mo rent with a $8,272/mo payment. Total monthly income runs $4,276/mo. Return on cash invested measures 5.32% in year one, and rental yield registers 3.04% at a $1,690,000 basis. Equity gained on principal adds $10,905/yr, and annual property appreciation at 5% supports $466,916 by year five. Five-year ROI tracks 25.03% and total cumulative return in cash totals $137,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,276/mo property income relative to a $8,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1890

1.13 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