55610 Nubour StDowagiacMI49047
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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
Investment Highlights
Investment property for sale in Dowagiac at 55610 Nubour St, Dowagiac, MI, 49047 listed at $235,800 pairs $2,611/mo rent with a $1,154/mo payment to leave $1,056/mo cash flow. Total monthly income runs $2,611/mo, and annual cash flow reaches $12,674/yr on $78,168 cash to close. Return on cash invested measures 36.12% in year one, and rental yield registers 13.29% at a $235,800 basis. Equity gained on principal adds $1,522/yr, and annual property appreciation at 5% supports $65,147 by year five. Five-year ROI tracks 190.36% and total cumulative return in cash totals $148,804. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,611/mo property income relative to a $1,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49047, Dowagiac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,799 (100%) |
| Owner Occupied HU | 4,433 (56.8%) |
| Renter Occupied HU | 1,459 (18.7%) |
| Vacant Housing Units | 1,907 (24.5%) |
| Median Home Value | $194,164 |
| Average Home Value | $254,058 |
Housing Distribution
Address Breakdown
Residential
6,391
Single Family
6,179
Multi-Family
212
Businesses
425
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