32520 Cable PkwyDowagiacMI49047
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 32520 Cable Pkwy, Dowagiac, MI, 49047 earns $1,723/mo cash flow from $4,327/mo rent with a $1,933/mo payment. Total monthly income totals $4,327/mo, and annual cash flow totals $20,672/yr on $130,909 capital. ROI tracks 35.7% on current figures, and rental yield reads 13.15% at a $394,900 purchase. Equity gained on principal adds $2,548/yr, and 5% annual appreciation supports $109,104 over five years. Five-year ROI reaches 188.04% and total cumulative return in cash sums $246,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,327/mo property income instead of your personal income.
Single Family
Built in 1995
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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