609 Sherwood St, Three Oaks, MI, 49128 | $392/mo Cash Flow

For Sale

Ziffy Mortgage

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 609 Sherwood St, Three Oaks, MI, 49128 uses $66,267 cash to close to unlock $4,706/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $1,710/mo, and a $978/mo payment keeps the spread at $392/mo. Purchase price stands at $199,900, and rental yield measures 10.27% with $1,710/mo rent. Return on cash invested shows 27.01% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 141.52% and total cumulative return in cash records $93,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,710/mo property income covering a $978/mo payment rather than investor’s personal income.

Single Family

Built in 1963

6,098 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