57 Mill St, Coopersville, MI, 49404 | $139/mo Cash Flow

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
822 sft

3392 Devonwood Hls NE APT E, Grand Rapids, MI, 49525

3 Bed
2 Bath
2045 sft

1790 Evanston Ave, Muskegon, MI, 49442

3 Bed
2 Bath
1685 sft

8545 Colter Dr #149, Zeeland, MI, 49464

3 Bed
1 Bath
1584 sft

4330 Stuart Ave SE, Grand Rapids, MI, 49508

Nearby investment properties with comparable prices

3 Bed
2 Bath
1260 sft

6132 Division Ave S LOT M261, Grand Rapids, MI, 49548

1 Bed
2 Bath
688 sft

4785 Rockvalley Dr NE, Grand Rapids, MI, 49525

2 Bed
1 Bath
706 sft

1018 35th St SW, Wyoming, MI, 49509

2 Bed
1 Bath
720 sft

340 Nora St SE, Kentwood, MI, 49548

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Coopersville at 57 Mill St, Coopersville, MI, 49404 with 5% annual appreciation on a $249,000 basis while $1,781/mo rent supports operations. Total monthly income totals $1,781/mo and a $1,219/mo payment preserves $139/mo for cash returns. Annual cash flow comes to $1,664/yr on $82,544 deployed, and return on cash invested reaches 21.93% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 8.58%. Five-year ROI measures 114.2% and total cumulative return in cash totals $94,268.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,781/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1950

0.25 Acres lot

$N/A/sqft

No HOA