64918 Shaffer Rd, Constantine, MI, 49042 | $1,817/mo Cash Flow

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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 Constantine at 64918 Shaffer Rd, Constantine, MI, 49042 offers a 16.82% rental yield on a $244,900 purchase with $3,432/mo rent. Total monthly income registers $3,432/mo, and a $1,199/mo payment leaves $1,817/mo available for distribution. Annual cash flow reaches $21,800/yr on $81,184 to close, and return on cash invested stands at 46.76% in year one. Equity gained on principal adds $1,580/yr while 5% annual appreciation supports $67,661 over five years. Portfolio math shows five-year ROI at 247.37% and total cumulative return in cash at $200,825. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,432/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1972

0.68 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49042, Constantine, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,007 (100%)
Owner Occupied HU	1,521 (75.8%)
Renter Occupied HU	321 (16.0%)
Vacant Housing Units	165 ( 8.2%)
Median Home Value	$169,756
Average Home Value	$200,357