320 Pine 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 320 Pine St NE, Cedar Springs, MI, 49319 with 5% annual appreciation on a $249,900 basis while $2,342/mo rent supports operations. Total monthly income totals $2,342/mo and a $1,223/mo payment preserves $694/mo for cash returns. Annual cash flow comes to $8,330/yr on $82,842 deployed, and return on cash invested reaches 29.96% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 11.25%. Five-year ROI measures 157.34% and total cumulative return in cash totals $130,346.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,342/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1944
0.39 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: Curtis Gross • RE/MAX United (Beltline)
Mls Name: MichRIC
Mls ID: #25057870