424 E York StCassopolisMI49031
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 Cassopolis at 424 E York St, Cassopolis, MI, 49031 with 5% annual appreciation on a $119,900 basis while $926/mo rent supports operations. Total monthly income totals $926/mo and a $587/mo payment preserves $135/mo for cash returns. Annual cash flow comes to $1,622/yr on $39,747 deployed, and return on cash invested reaches 23.99% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 9.27%. Five-year ROI measures 125.38% and total cumulative return in cash totals $49,836.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $926/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49031, Cassopolis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,906 (100%) |
| Owner Occupied HU | 2,321 (59.4%) |
| Renter Occupied HU | 698 (17.9%) |
| Vacant Housing Units | 887 (22.7%) |
| Median Home Value | $235,565 |
| Average Home Value | $333,543 |
Housing Distribution
Address Breakdown
Residential
3,166
Single Family
3,039
Multi-Family
127
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn M Russo • Michigan Lakes Real Estate Team Inc.
Mls Name: MichRIC
Mls Provider:
Mls ID: #25003097
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.