316 E Peck Ave, White Pigeon, MI, 49099 | $1,037/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
- Bath
1692 sft

16944 Us Highway 12, Union, MI, 49130

3 Bed
2 Bath
1714 sft

18868 Jefferson Ln, Goshen, IN, 46528

3 Bed
2 Bath
1352 sft

302 S Maple St, Sturgis, MI, 49091

4 Bed
3 Bath
2978 sft

930 Ridgeview Dr, Goshen, IN, 46526

Nearby investment properties with comparable prices

2 Bed
2 Bath
1530 sft

137 Kenwood Ave, Elkhart, IN, 46516

3 Bed
1 Bath
1107 sft

57825 Roys Ave, Elkhart, IN, 46517

2 Bed
1 Bath
1000 sft

1105 W Wilkinson St, Goshen, IN, 46528

3 Bed
2 Bath
1008 sft

2519 Morehouse Ave, Elkhart, IN, 46517

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 White Pigeon at 316 E Peck Ave, White Pigeon, MI, 49099 with 5% annual appreciation on a $212,000 basis while $2,444/mo rent supports operations. Total monthly income totals $2,444/mo and a $1,038/mo payment preserves $1,037/mo for cash returns. Annual cash flow comes to $12,443/yr on $70,278 deployed, and return on cash invested reaches 37.61% in year one. Equity gained on principal adds $1,368/yr, and five-year appreciation sums $58,572 alongside rental yield of 13.83%. Five-year ROI measures 198.39% and total cumulative return in cash totals $139,423.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,444/mo property income versus a $1,038/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1954

0.40 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49099, White Pigeon, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,604 (100%)
Owner Occupied HU	1,846 (70.9%)
Renter Occupied HU	409 (15.7%)
Vacant Housing Units	349 (13.4%)
Median Home Value	$201,557
Average Home Value	$266,752