27064 White StCassopolisMI49031
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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 Cassopolis at 27064 White St, Cassopolis, MI, 49031 uses $36,465 cash to close to unlock $1,524/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $852/mo, and a $538/mo payment keeps the spread at $127/mo. Purchase price stands at $110,000, and rental yield measures 9.29% with $852/mo rent. Return on cash invested shows 24.09% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash records $45,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $852/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1875
0.50 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 |
Housing Distribution
Address Breakdown
Residential
3,166
Single Family
3,039
Multi-Family
127
Businesses
207
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Listed by: Jeff Kermath • Kermath Realty LLC
Mls Name: MichRIC
Mls ID: #25060845