123 N 2nd St, Cassopolis, MI, 49031 | $447/mo Cash Flow

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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 Cassopolis at 123 N 2nd St, Cassopolis, MI, 49031 listed at $255,900 pairs $2,135/mo rent with a $1,253/mo payment to leave $447/mo cash flow. Total monthly income runs $2,135/mo, and annual cash flow reaches $5,364/yr on $84,831 cash to close. Return on cash invested measures 26.23% in year one, and rental yield registers 10.01% at a $255,900 basis. Equity gained on principal adds $1,651/yr, and annual property appreciation at 5% supports $70,700 by year five. Five-year ROI tracks 137.27% and total cumulative return in cash totals $116,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,135/mo property income relative to a $1,253/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1873

7,840 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