2448 Shoreham Highlands St, Saint Joseph, MI, 49085 | $72/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 Saint Joseph at 2448 Shoreham Highlands St, Saint Joseph, MI, 49085 uses $103,760 cash to close to unlock $863/yr annual cash flow and $72/mo monthly cash flow. Total monthly income runs $2,636/mo, and a $1,532/mo payment keeps the spread at $72/mo. Purchase price stands at $313,000, and rental yield measures 10.11% with $2,636/mo rent. Return on cash invested shows 20.74% in year one, and 5% annual appreciation builds toward $86,476 over five years. Five-year ROI reaches 109.93% and total cumulative return in cash records $114,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,636/mo property income covering a $1,532/mo payment rather than investor’s personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

$500 monthly 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