280 Spring St NE, Cedar Springs, MI, 49319 | $576/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 Cedar Springs at 280 Spring St NE, Cedar Springs, MI, 49319 uses $97,759 cash to close to unlock $6,908/yr annual cash flow and $576/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $1,443/mo payment keeps the spread at $576/mo. Purchase price stands at $294,900, and rental yield measures 10.25% with $2,520/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 141.27% and total cumulative return in cash records $138,103. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $1,443/mo payment rather than investor’s personal income.

Single Family

Built in 1978

0.40 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