816 Saint Joseph Dr, Saint Joseph, MI, 49085 | $191/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 Saint Joseph at 816 Saint Joseph Dr, Saint Joseph, MI, 49085 uses $116,025 cash to close to unlock $2,292/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $2,499/mo, and a $1,713/mo payment keeps the spread at $191/mo. Purchase price stands at $350,000, and rental yield measures 8.57% with $2,499/mo rent. Return on cash invested shows 21.88% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 113.96% and total cumulative return in cash records $132,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,499/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Single Family

Built in 1955

0.95 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49085, Saint Joseph, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,734 (100%)
Owner Occupied HU	8,123 (69.2%)
Renter Occupied HU	2,388 (20.4%)
Vacant Housing Units	1,223 (10.4%)
Median Home Value	$316,036
Average Home Value	$368,464