3113 Dorothy Ln, Spring Arbor, MI, 49283 | $97/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 Spring Arbor at 3113 Dorothy Ln, Spring Arbor, MI, 49283 offers a 8.37% rental yield on a $254,900 purchase with $1,778/mo rent. Total monthly income registers $1,778/mo, and a $1,248/mo payment leaves $97/mo available for distribution. Annual cash flow reaches $1,160/yr on $84,499 to close, and return on cash invested stands at 21.28% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 110.74% and total cumulative return in cash at $93,576. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,778/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1973

0.49 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49283, Spring Arbor, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,460 (100%)
Owner Occupied HU	964 (66.0%)
Renter Occupied HU	406 (27.8%)
Vacant Housing Units	90 ( 6.2%)
Median Home Value	$233,794
Average Home Value	$245,931