541 Howard Ave, Saint Joseph, MI, 49085 | $355/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

Rental property for sale in Saint Joseph at 541 Howard Ave, Saint Joseph, MI, 49085 priced at $374,900 converts $2,827/mo rent into $355/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,827/mo, and annual cash flow totals $4,256/yr on $124,279 invested. Return on cash invested prints 23.33% in year one, and rental yield reads 9.05% against a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation compiles into $103,578 by year five. Five-year ROI reaches 121.73% and total cumulative return in cash sums $151,291. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,827/mo property income covering a $1,835/mo payment, not borrower’s personal income.

Single Family

Built in 1940

3,920 sqft lot

$N/A/sqft

No 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