317 Catera Ct, Springfield, MI, 49037 | $465/mo Cash Flow

Off market

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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 Springfield at 317 Catera Ct, Springfield, MI, 49037 uses $78,764 cash to close to unlock $5,585/yr annual cash flow and $465/mo monthly cash flow. Total monthly income runs $2,425/mo, and a $1,163/mo payment keeps the spread at $465/mo. Purchase price stands at $237,600, and rental yield measures 12.25% with $2,425/mo rent. Return on cash invested shows 27% in year one, and 5% annual appreciation builds toward $65,645 over five years. Five-year ROI reaches 143.61% and total cumulative return in cash records $113,117. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,425/mo property income covering a $1,163/mo payment rather than investor’s personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA