27 Avenue BSpringfieldMI49037
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
Investment property for sale in Springfield at 27 Avenue B, Springfield, MI, 49037 earns $243/mo cash flow from $1,166/mo rent with a $685/mo payment. Total monthly income totals $1,166/mo, and annual cash flow totals $2,918/yr on $46,377 capital. ROI tracks 26.2% on current figures, and rental yield reads 10% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 137.22% and total cumulative return in cash sums $63,639. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,166/mo property income instead of your personal income.
Single Family
Built in 1950
3,920 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Dana Waddell • RE/MAX of Grand Rapids (Stndl)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25034158
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.