2355 Eighteen Mile Rd NECedar SpringsMI49319








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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
Rental property for sale in Cedar Springs at 2355 Eighteen Mile Rd NE, Cedar Springs, MI, 49319 priced at $449,900 converts $3,156/mo rent into $189/mo cash flow after a $2,202/mo obligation. Total monthly income equals $3,156/mo, and annual cash flow totals $2,270/yr on $149,142 invested. Return on cash invested prints 21.43% in year one, and rental yield reads 8.42% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 111.56% and total cumulative return in cash sums $166,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,156/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 2007
1.79 Acres lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
6,325
Single Family
6,172
Multi-Family
153
Businesses
338
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Nearby investment properties with comparable prices



Listed by: Hunter M Nelson • Berkshire Hathaway HomeServices Clyde Hendrick
Mls Name: MichRIC
Mls Provider:
Mls ID: #25017249
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.








