120 Harris StPaw PawMI49079
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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 Paw Paw at 120 Harris St, Paw Paw, MI, 49079 earns $354/mo cash flow from $1,688/mo rent with a $909/mo payment. Total monthly income totals $1,688/mo, and annual cash flow totals $4,245/yr on $61,560 capital. ROI tracks 26.8% on current figures, and rental yield reads 10.91% at a $185,700 purchase. Equity gained on principal adds $1,198/yr, and 5% annual appreciation supports $51,305 over five years. Five-year ROI reaches 141.14% and total cumulative return in cash sums $86,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,688/mo property income instead of your personal income.
Single Family
Built in 1950
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49079, Paw Paw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,321 (100%) |
| Owner Occupied HU | 4,480 (70.9%) |
| Renter Occupied HU | 1,184 (18.7%) |
| Vacant Housing Units | 657 (10.4%) |
| Median Home Value | $267,564 |
| Average Home Value | $312,508 |
Housing Distribution
Address Breakdown
Residential
5,908
Single Family
5,355
Multi-Family
553
Businesses
454
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