3506 Audrey St, Spring Arbor, MI, 49283 | $844/mo Cash Flow

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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

Rental property for sale in Spring Arbor at 3506 Audrey St, Spring Arbor, MI, 49283 offers $2,624/mo rent that, after a $1,321/mo payment, leaves $844/mo cash flow. Total monthly income is $2,624/mo, and annual cash flow is $10,130/yr on $89,472 cash. Return on cash invested measures 31.23% in year one, and rental yield stands at 11.67% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 164.13% and total cumulative return in cash reaches $146,850. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,624/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

0.32 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