2408 Spruce Dr, Reading, MI, 49274 | $352/mo Cash Flow

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 Reading at 2408 Spruce Dr, Reading, MI, 49274 earns $352/mo cash flow from $1,571/mo rent with a $905/mo payment. Total monthly income totals $1,571/mo, and annual cash flow totals $4,218/yr on $61,328 capital. ROI tracks 26.79% on current figures, and rental yield reads 10.19% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 140.3% and total cumulative return in cash sums $86,043. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,571/mo property income instead of your personal income.

Single Family

Built in 1940

4,791 sqft lot

$N/A/sqft

No HOA