2182 Quarter Horse Dr, Cedar Springs, MI, 49319 | $1,146/mo Cash Flow

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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 Cedar Springs at 2182 Quarter Horse Dr, Cedar Springs, MI, 49319 with 5% annual appreciation on a $495,000 basis while $4,660/mo rent supports operations. Total monthly income totals $4,660/mo and a $2,423/mo payment preserves $1,146/mo for cash returns. Annual cash flow comes to $13,746/yr on $164,093 deployed, and return on cash invested reaches 28.29% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 11.3%. Five-year ROI measures 148.96% and total cumulative return in cash totals $244,438.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,660/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2022

0.50 Acres lot

$N/A/sqft

$250 monthly 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