560 Solon St NE, Cedar Springs, MI, 49319 | $646/mo Cash Flow

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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 Cedar Springs at 560 Solon St NE, Cedar Springs, MI, 49319 offers a 9.87% rental yield on a $395,000 purchase with $3,250/mo rent. Total monthly income registers $3,250/mo, and a $1,933/mo payment leaves $646/mo available for distribution. Annual cash flow reaches $7,746/yr on $130,943 to close, and return on cash invested stands at 25.82% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 135.1% and total cumulative return in cash at $176,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,250/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1988

2.27 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