13424 Riverside Dr, Constantine, MI, 49042 | $309/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1728 sft

1030 E Bristol St, Elkhart, IN, 46514

Currently Rented+ 2 more

4 Bed
1 Bath
1536 sft

19910 Moorepark Rd, Three Rivers, MI, 49093

2 Bed
2 Bath
1468 sft

67258 Oil City Rd, Edwardsburg, MI, 49112

2 Bed
3 Bath
1600 sft

19664 Lakeshore Dr, Three Rivers, MI, 49093

Nearby investment properties with comparable prices

2 Bed
2 Bath
1245 sft

Coolidge #BVQ5FZ, Three Rivers, MI, 49093

3 Bed
2 Bath
1118 sft

16726 Stoney Lane Dr, Goshen, IN, 46528

3 Bed
2 Bath
1203 sft

29185 Lantz Blvd, Elkhart, IN, 46516

3 Bed
2 Bath
1486 sft

1103 S 13th St, Goshen, IN, 46526

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Constantine at 13424 Riverside Dr, Constantine, MI, 49042 offers a 9.15% rental yield on a $299,000 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,463/mo payment leaves $309/mo available for distribution. Annual cash flow reaches $3,704/yr on $99,119 to close, and return on cash invested stands at 23.65% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 123.41% and total cumulative return in cash at $122,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2022

1.10 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49042, Constantine, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,007 (100%)
Owner Occupied HU	1,521 (75.8%)
Renter Occupied HU	321 (16.0%)
Vacant Housing Units	165 ( 8.2%)
Median Home Value	$169,756
Average Home Value	$200,357