2232 Pointe North Dr NE, Cedar Springs, MI, 49319 | $2,845/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 2232 Pointe North Dr NE, Cedar Springs, MI, 49319 offers a 16.6% rental yield on a $399,900 purchase with $5,532/mo rent. Total monthly income registers $5,532/mo, and a $1,957/mo payment leaves $2,845/mo available for distribution. Annual cash flow reaches $34,142/yr on $132,567 to close, and return on cash invested stands at 45.66% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 241.67% and total cumulative return in cash at $320,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,532/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

1.37 Acres lot

$N/A/sqft

$50 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