23994 Forest Shores Dr, Cassopolis, MI, 49031 | $1,553/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 23994 Forest Shores Dr, Cassopolis, MI, 49031 offers a 10.89% rental yield on a $625,000 purchase with $5,674/mo rent. Total monthly income registers $5,674/mo, and a $3,059/mo payment leaves $1,553/mo available for distribution. Annual cash flow reaches $18,630/yr on $205,625 to close, and return on cash invested stands at 29.12% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 152.75% and total cumulative return in cash at $314,089. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,674/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2022

2.36 Acres 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