1640 Prairie Dr, Saint Joseph, MI, 49085 | $2,005/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

Rental property for sale in Saint Joseph at 1640 Prairie Dr, Saint Joseph, MI, 49085 generates $5,825/mo in rent and, after a $2,809/mo payment, leaves $2,005/mo in cash flow. Total monthly income is $5,825/mo, and annual cash flow is $24,057/yr on $188,846 invested. Return on cash invested sits at 32.8% in year one, and rental yield is 12.18% on a $574,000 entry. Equity gained on principal adds $3,704/yr, while 5% annual appreciation builds toward $158,586 over five years. Five-year ROI reaches 172.55% and total cumulative return in cash sums $325,845. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,825/mo property income rather than buyer’s personal income.

Single Family

Built in 2013

0.44 Acres lot

$N/A/sqft

$425 annually 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