906 Market St, Saint Joseph, MI, 49085 | $1,920/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

Rental property for sale in Saint Joseph at 906 Market St, Saint Joseph, MI, 49085 priced at $175,000 converts $3,074/mo rent into $1,920/mo cash flow after a $857/mo obligation. Total monthly income equals $3,074/mo, and annual cash flow totals $23,034/yr on $58,013 invested. Return on cash invested prints 59.61% in year one, and rental yield reads 21.08% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 316.33% and total cumulative return in cash sums $183,511. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,074/mo property income covering a $857/mo payment, not borrower’s personal income.

Single Family

Built in 1950

2,613 sqft 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