630 E Saint Joseph StPaw PawMI49079
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 630 E Saint Joseph St, Paw Paw, MI, 49079 in Paw Paw deserves attention. This $200,000 property earns $2,302/mo in rent, a 13.81% gross yield, and nets $898/mo after the $899/mo payment. DSCR 2.56 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $55,256 compounds alongside $1,842/yr in yearly equity build, for a total cumulative return of $134,375.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 7.0% |
| Monthly Cash Flow | $898 | $200 |
City averages based on Paw Paw market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,302 |
| Total Monthly Debt Service | $1,324 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1988
8,712 sqft 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
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
Multi Family
Built in 1988
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices