252 Jeffrey StCedar SpringsMI49319
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 252 Jeffrey St, Cedar Springs, MI, 49319 in Cedar Springs deserves attention. This $213,000 property earns $2,160/mo in rent, a 12.17% gross yield, and nets $755/mo after the $958/mo payment. DSCR 2.25 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $58,848 compounds alongside $1,962/yr in yearly equity build, for a total cumulative return of $129,752.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 6.0% |
| Monthly Cash Flow | $755 | $800 |
City averages based on Cedar Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,320 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
8,712 sqft 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
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
Single Family
Built in 1957
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory A Simmons Sr. • Berkshire Hathaway HomeServices Michigan Real Estate (Rock)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25034087
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.