49427 29 1/2 StPaw PawMI49079
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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 Paw Paw at 49427 29 1/2 St, Paw Paw, MI, 49079 uses $48,034 cash to close to unlock $17,336/yr annual cash flow and $1,445/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $709/mo payment keeps the spread at $1,445/mo. Purchase price stands at $144,900, and rental yield measures 19.88% with $2,400/mo rent. Return on cash invested shows 56% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 296.94% and total cumulative return in cash records $142,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $709/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49079, Paw Paw, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,321 (100%) |
| Owner Occupied HU | 4,480 (70.9%) |
| Renter Occupied HU | 1,184 (18.7%) |
| Vacant Housing Units | 657 (10.4%) |
| Median Home Value | $267,564 |
| Average Home Value | $312,508 |
Housing Distribution
Address Breakdown
Residential
5,908
Single Family
5,355
Multi-Family
553
Businesses
454
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