332 S Hooker Ave, Three Rivers, MI, 49093 | $1,290/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Three Rivers at 332 S Hooker Ave, Three Rivers, MI, 49093 uses $47,570 cash to close to unlock $15,481/yr annual cash flow and $1,290/mo monthly cash flow. Total monthly income runs $2,236/mo, and a $702/mo payment keeps the spread at $1,290/mo. Purchase price stands at $143,500, and rental yield measures 18.7% with $2,236/mo rent. Return on cash invested shows 52.45% in year one, and 5% annual appreciation builds toward $39,646 over five years. Five-year ROI reaches 277.97% and total cumulative return in cash records $132,233. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,236/mo property income covering a $702/mo payment rather than investor’s personal income.

Single Family

Built in 1920

0.26 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49093, Three Rivers, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,443 (100%)
Owner Occupied HU	5,489 (65.0%)
Renter Occupied HU	1,816 (21.5%)
Vacant Housing Units	1,138 (13.5%)
Median Home Value	$186,504
Average Home Value	$233,407