2604 Wiersma St NECedar SpringsMI49319
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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
Investment property for sale in Cedar Springs at 2604 Wiersma St NE, Cedar Springs, MI, 49319 earns from $2,606/mo rent with a $2,643/mo payment. Total monthly income totals $2,606/mo. ROI tracks 13.61% on current figures, and rental yield reads 5.79% at a $539,900 purchase. Equity gained on principal adds $3,484/yr, and 5% annual appreciation supports $149,164 over five years. Five-year ROI reaches 69.58% and total cumulative return in cash sums $123,595. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,606/mo property income instead of your personal income.
Single Family
Built in 2020
15 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: Michelle J Costa • Bellabay Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25050070
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.