406 Spring St, Three Rivers, MI, 49093 | $130/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
692 sft

14153 Timm Rd, Constantine, MI, 49042

3 Bed
3 Bath
3650 sft

14385 State Road 120, Bristol, IN, 46507

2 Bed
2 Bath
900 sft

20040 Marcellus Hwy, Decatur, MI, 49045

3 Bed
1 Bath
1662 sft

53441 Fulton Rd, Leonidas, MI, 49066

Nearby investment properties with comparable prices

4 Bed
2 Bath
1300 sft

14308 Garber Rd, Constantine, MI, 49042

3 Bed
1 Bath
692 sft

14153 Timm Rd, Constantine, MI, 49042

3 Bed
3 Bath
3650 sft

14385 State Road 120, Bristol, IN, 46507

3 Bed
2 Bath
1950 sft

13235 Waterstradt Rd, Marcellus, MI, 49067

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Three Rivers at 406 Spring St, Three Rivers, MI, 49093 listed at $114,900 pairs $887/mo rent with a $562/mo payment to leave $130/mo cash flow. Total monthly income runs $887/mo, and annual cash flow reaches $1,556/yr on $38,089 cash to close. Return on cash invested measures 23.99% in year one, and rental yield registers 9.26% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 125.3% and total cumulative return in cash totals $47,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $887/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1900

9,583 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49093, Three Rivers, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,443 (100%)
Owner Occupied HU	5,489 (65.0%)
Renter Occupied HU	1,816 (21.5%)
Vacant Housing Units	1,138 (13.5%)
Median Home Value	$186,504
Average Home Value	$233,407