448 Richfield Ave, Springfield, MI, 49037 | $185/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 Springfield at 448 Richfield Ave, Springfield, MI, 49037 with 5% annual appreciation on a $125,000 basis while $1,009/mo rent supports operations. Total monthly income totals $1,009/mo and a $612/mo payment preserves $185/mo for cash returns. Annual cash flow comes to $2,214/yr on $41,438 deployed, and return on cash invested reaches 25.25% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.69%. Five-year ROI measures 132.1% and total cumulative return in cash totals $54,737.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,009/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1940

0.32 Acres lot

$N/A/sqft

No HOA