502 S Elm St, Three Oaks, MI, 49128 | $1,149/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 Oaks at 502 S Elm St, Three Oaks, MI, 49128 with 5% annual appreciation on a $359,000 basis while $3,516/mo rent supports operations. Total monthly income totals $3,516/mo and a $1,757/mo payment preserves $1,149/mo for cash returns. Annual cash flow comes to $13,784/yr on $119,009 deployed, and return on cash invested reaches 31.49% in year one. Equity gained on principal adds $2,317/yr, and five-year appreciation sums $99,185 alongside rental yield of 11.75%. Five-year ROI measures 165.48% and total cumulative return in cash totals $196,939.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,516/mo property income versus a $1,757/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1920

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49128, Three Oaks, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,088 (100%)
Owner Occupied HU	1,284 (61.5%)
Renter Occupied HU	234 (11.2%)
Vacant Housing Units	570 (27.3%)
Median Home Value	$319,149
Average Home Value	$402,960