2913 Pagoda Path #2, Stevensville, MI, 49127 | $181/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1358 sft

4568 Wil O Paw Dr, Coloma, MI, 49038

3 Bed
2 Bath
1871 sft

326 Timber Dr, Coloma, MI, 49038

3 Bed
1 Bath
2336 sft

278 W Delaware Ave, Benton Harbor, MI, 49022

3 Bed
2 Bath
2076 sft

640 O'Brien Dr, Benton Harbor, MI, 49022

Nearby investment properties with comparable prices

3 Bed
4 Bath
3200 sft

1301 Superior St, Benton Harbor, MI, 49022

2 Bed
1 Bath
1126 sft

1849 Commonwealth Rd, Benton Harbor, MI, 49022

2 Bed
2 Bath
1434 sft

260 W Saint Joseph St, Coloma, MI, 49038

6 Bed
2 Bath
2051 sft

122 S Barrett St, Niles, MI, 49120

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Stevensville at 2913 Pagoda Path #2, Stevensville, MI, 49127 uses $68,455 cash to close to unlock $2,171/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $1,818/mo, and a $1,011/mo payment keeps the spread at $181/mo. Purchase price stands at $206,500, and rental yield measures 10.56% with $1,818/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $57,052 over five years. Five-year ROI reaches 122.13% and total cumulative return in cash records $83,601. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,818/mo property income covering a $1,011/mo payment rather than investor’s personal income.

Condo

Built in 1973

5.58 Acres lot

$N/A/sqft

$275 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49127, Stevensville, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,035 (100%)
Owner Occupied HU	3,665 (72.8%)
Renter Occupied HU	825 (16.4%)
Vacant Housing Units	545 (10.8%)
Median Home Value	$339,340
Average Home Value	$402,919