312 Pennsylvania AveDowagiacMI49047
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dowagiac at 312 Pennsylvania Ave, Dowagiac, MI, 49047 at $115,000 posts ROI 23.32% with $109/mo cash flow from $867/mo rent. Total monthly income equals $867/mo, and annual cash flow records $1,302/yr on $38,123 to close. Return on cash invested measures 23.32% and rental yield reads 9.05% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 121.75% and total cumulative return in cash totals $46,413.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $867/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1885
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49047, Dowagiac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,799 (100%) |
| Owner Occupied HU | 4,433 (56.8%) |
| Renter Occupied HU | 1,459 (18.7%) |
| Vacant Housing Units | 1,907 (24.5%) |
| Median Home Value | $194,164 |
| Average Home Value | $254,058 |
Housing Distribution
Address Breakdown
Residential
6,391
Single Family
6,179
Multi-Family
212
Businesses
425
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