285 Jeffrey St NECedar SpringsMI49319
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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
Investment Highlights
Investment property for sale in Cedar Springs at 285 Jeffrey St NE, Cedar Springs, MI, 49319 with 5% annual appreciation on a $300,000 basis while $2,018/mo rent supports operations. Total monthly income totals $2,018/mo and a $1,468/mo payment preserves $40/mo for cash returns. Annual cash flow comes to $480/yr on $99,450 deployed, and return on cash invested reaches 20.39% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 8.07%. Five-year ROI measures 105.95% and total cumulative return in cash totals $105,372.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,018/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
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 |
Housing Distribution
Address Breakdown
Residential
6,325
Single Family
6,172
Multi-Family
153
Businesses
338
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Listed by: Melanie VanDyke • Five Star Real Estate (Rock)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25036453
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.