416 Grandview Ave, Spring Lake, MI, 49456 | $173/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 Lake at 416 Grandview Ave, Spring Lake, MI, 49456 with 5% annual appreciation on a $265,900 basis while $1,926/mo rent supports operations. Total monthly income totals $1,926/mo and a $1,301/mo payment preserves $173/mo for cash returns. Annual cash flow comes to $2,076/yr on $88,146 deployed, and return on cash invested reaches 22.26% in year one. Equity gained on principal adds $1,716/yr, and five-year appreciation sums $73,463 alongside rental yield of 8.69%. Five-year ROI measures 115.97% and total cumulative return in cash totals $102,226.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,926/mo property income versus a $1,301/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1956

0.26 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49456, Spring Lake, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,935 (100%)
Owner Occupied HU	7,221 (72.7%)
Renter Occupied HU	1,752 (17.6%)
Vacant Housing Units	962 ( 9.7%)
Median Home Value	$380,316
Average Home Value	$448,608