5069 Dio DrCedar SpringsMI49319
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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
Rental property for sale in Cedar Springs at 5069 Dio Dr, Cedar Springs, MI, 49319 generates $2,723/mo in rent and, after a $1,762/mo payment, leaves $349/mo in cash flow. Total monthly income is $2,723/mo, and annual cash flow is $4,190/yr on $119,307 invested. Return on cash invested sits at 23.42% in year one, and rental yield is 9.08% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 122.24% and total cumulative return in cash sums $145,838. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,723/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49319, Cedar Springs, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,518 (100%) |
| Owner Occupied HU | 5,543 (85.0%) |
| Renter Occupied HU | 749 (11.5%) |
| Vacant Housing Units | 226 ( 3.5%) |
| Median Home Value | $310,820 |
| Average Home Value | $373,136 |
Housing Distribution
Address Breakdown
Residential
6,325
Single Family
6,172
Multi-Family
153
Businesses
338
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Listed by: Kyle Westrate • United Realty Services LLC
Mls Name: MichRIC
Mls ID: #26001722