109 S O'Keefe StCassopolisMI49031
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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
Investment property for sale in Cassopolis at 109 S O'Keefe St, Cassopolis, MI, 49031 at $293,500 posts ROI 12.31% with from $1,320/mo rent. Total monthly income equals $1,320/mo. Return on cash invested measures 12.31% and rental yield reads 5.4% at the current $293,500. Equity gained on principal adds $1,894/yr, and 5% annual appreciation supports $81,089 by year five. Five-year ROI prints 62.69% and total cumulative return in cash totals $60,995. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,320/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49031, Cassopolis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,906 (100%) |
| Owner Occupied HU | 2,321 (59.4%) |
| Renter Occupied HU | 698 (17.9%) |
| Vacant Housing Units | 887 (22.7%) |
| Median Home Value | $235,565 |
| Average Home Value | $333,543 |
Housing Distribution
Address Breakdown
Residential
3,166
Single Family
3,039
Multi-Family
127
Businesses
207
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Nearby investment properties with comparable prices
Listed by: Kyle I Zelmer • Horizon Realty Group
Mls Name: MichRIC
Mls Provider:
Mls ID: #25005273
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.