601 W North StPaw pawMI49079
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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
Rental property for sale in Paw paw at 601 W North St, Paw paw, MI, 49079 priced at $259,900 pairs $3,917/mo rent with $2,203/mo cash flow after a $1,272/mo payment. Total monthly income equals $3,917/mo, and annual cash flow comes to $26,438/yr on $86,157 invested. Return on cash invested is 50.59% in year one, and rental yield stands at 18.09% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 267.97% and total cumulative return in cash reaches $230,878. For financing, Ziffy Mortgage’s DSCR program evaluates $3,917/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.54 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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