97 Carl Ave, Springfield, MI, 49037 | $299/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 97 Carl Ave, Springfield, MI, 49037 earns $299/mo cash flow from $1,222/mo rent with a $685/mo payment. Total monthly income totals $1,222/mo, and annual cash flow totals $3,590/yr on $46,377 capital. ROI tracks 27.65% on current figures, and rental yield reads 10.48% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 144.98% and total cumulative return in cash sums $67,239. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,222/mo property income instead of your personal income.

Single Family

Built in 1947

1.46 Acres lot

$N/A/sqft

No HOA