4222 N Spruce AveWhite CloudMI49349
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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 White Cloud at 4222 N Spruce Ave, White Cloud, MI, 49349 earns $132/mo cash flow from $923/mo rent with a $587/mo payment. Total monthly income totals $923/mo, and annual cash flow totals $1,586/yr on $39,747 capital. ROI tracks 23.9% on current figures, and rental yield reads 9.24% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 124.87% and total cumulative return in cash sums $49,632. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $923/mo property income instead of your personal income.
Single Family
Built in 1988
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49349, White Cloud, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,334 (100%) |
| Owner Occupied HU | 2,768 (63.9%) |
| Renter Occupied HU | 512 (11.8%) |
| Vacant Housing Units | 1,054 (24.3%) |
| Median Home Value | $179,401 |
| Average Home Value | $243,816 |
Housing Distribution
Address Breakdown
Residential
3,390
Single Family
3,303
Multi-Family
87
Businesses
131
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Listed by: Jeff Nutt • RE/MAX River Valley
Mls Name: MichRIC
Mls ID: #25037230