7244 Sydney CtSpring ArborMI49283
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Nearby investment properties with comparable prices
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
Investment property for sale in Spring Arbor at 7244 Sydney Ct, Spring Arbor, MI, 49283 earns from $2,469/mo rent with a $2,300/mo payment. Total monthly income totals $2,469/mo. ROI tracks 14.9% on current figures, and rental yield reads 6.31% at a $469,900 purchase. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 over five years. Five-year ROI reaches 76.56% and total cumulative return in cash sums $119,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,469/mo property income instead of your personal income.
Condo
Built in 2006
0.50 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49283, Spring Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,460 (100%) |
| Owner Occupied HU | 964 (66.0%) |
| Renter Occupied HU | 406 (27.8%) |
| Vacant Housing Units | 90 ( 6.2%) |
| Median Home Value | $233,794 |
| Average Home Value | $245,931 |
Housing Distribution
Address Breakdown
Residential
1,336
Single Family
1,142
Multi-Family
194
Businesses
105
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Nearby investment properties with comparable prices
Listed by: Katherine Smarch • Executive Brokers Residential and Commercial Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25012239
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.