4731 Luther Path St, Saint Joseph, MI, 49085 | $1,000/mo Cash Flow

For Sale

Ziffy Mortgage

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 Saint Joseph at 4731 Luther Path St, Saint Joseph, MI, 49085 offers a 11.34% rental yield on a $359,900 purchase with $3,401/mo rent. Total monthly income registers $3,401/mo, and a $1,762/mo payment leaves $1,000/mo available for distribution. Annual cash flow reaches $11,996/yr on $119,307 to close, and return on cash invested stands at 29.96% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 157.4% and total cumulative return in cash at $187,790. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,401/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

0.33 Acres lot

$N/A/sqft

$330 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49085, Saint Joseph, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,734 (100%)
Owner Occupied HU	8,123 (69.2%)
Renter Occupied HU	2,388 (20.4%)
Vacant Housing Units	1,223 (10.4%)
Median Home Value	$316,036
Average Home Value	$368,464