225 E Main StSpring ArborMI49283
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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
Investment Highlights
Investment property for sale in Spring Arbor at 225 E Main St, Spring Arbor, MI, 49283 listed at $160,900 pairs $1,280/mo rent with a $788/mo payment to leave $218/mo cash flow. Total monthly income runs $1,280/mo, and annual cash flow reaches $2,622/yr on $53,338 cash to close. Return on cash invested measures 24.82% in year one, and rental yield registers 9.55% at a $160,900 basis. Equity gained on principal adds $1,038/yr, and annual property appreciation at 5% supports $44,454 by year five. Five-year ROI tracks 129.78% and total cumulative return in cash totals $69,224. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,280/mo property income relative to a $788/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49283, Spring Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,460 (100%) |
| Owner Occupied HU | 964 (66.0%) |
| Renter Occupied HU | 406 (27.8%) |
| Vacant Housing Units | 90 ( 6.2%) |
| Median Home Value | $233,794 |
| Average Home Value | $245,931 |
Housing Distribution
Address Breakdown
Residential
1,336
Single Family
1,142
Multi-Family
194
Businesses
105
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Listed by: Christopher Powers • Real Broker, LLC.
Mls Name: MichRIC
Mls Provider:
Mls ID: #24059660
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.