600 W Michigan AvePaw PawMI49079
Nearby investment properties with comparable rents
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 600 W Michigan Ave, Paw Paw, MI, 49079 earns from $1,240/mo rent with a $5,384/mo payment. Total monthly income totals $1,240/mo. ROI tracks 0.12% on current figures, and rental yield reads 1.35% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,240/mo property income instead of your personal income.
Multi Family
Built in 1972
0.32 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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