1373 Kingman DrSaint JosephMI49085
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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 Saint Joseph at 1373 Kingman Dr, Saint Joseph, MI, 49085 with 5% annual appreciation on a $304,900 basis while $1,870/mo rent supports operations. 24% in year one. Equity gained on principal adds $1,967/yr, and five-year appreciation sums $84,238 alongside rental yield of 7.36%. Five-year ROI measures 94.44% and total cumulative return in cash totals $95,450. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,870/mo property income versus a $1,492/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49085, Saint Joseph, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,734 (100%) |
| Owner Occupied HU | 8,123 (69.2%) |
| Renter Occupied HU | 2,388 (20.4%) |
| Vacant Housing Units | 1,223 (10.4%) |
| Median Home Value | $316,036 |
| Average Home Value | $368,464 |
Housing Distribution
Address Breakdown
Residential
11,303
Single Family
10,112
Multi-Family
1,191
Businesses
1,141
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Listed by: Courtney Ertman • Century 21 Affiliated
Mls Name: MichRIC
Mls Provider:
Mls ID: #25013150
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.