500 Goguac St W, Springfield, MI, 49015 | $192/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 500 Goguac St W, Springfield, MI, 49015 with 5% annual appreciation on a $137,900 basis while $1,101/mo rent supports operations. Total monthly income totals $1,101/mo and a $675/mo payment preserves $192/mo for cash returns. Annual cash flow comes to $2,299/yr on $45,714 deployed, and return on cash invested reaches 24.94% in year one. Equity gained on principal adds $890/yr, and five-year appreciation sums $38,099 alongside rental yield of 9.58%. Five-year ROI measures 130.38% and total cumulative return in cash totals $59,603.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,101/mo property income versus a $675/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1958

0.87 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49015, Battle Creek, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,329 (100%)
Owner Occupied HU	8,019 (65.0%)
Renter Occupied HU	3,459 (28.1%)
Vacant Housing Units	851 ( 6.9%)
Median Home Value	$189,927
Average Home Value	$217,209