9324 Saint Joe River Rd, White Pigeon, MI, 49099 | $190/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 White Pigeon at 9324 Saint Joe River Rd, White Pigeon, MI, 49099 offers a 8.58% rental yield on a $340,000 purchase with $2,432/mo rent. Total monthly income registers $2,432/mo, and a $1,664/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,280/yr on $112,710 to close, and return on cash invested stands at 21.93% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 114.2% and total cumulative return in cash at $128,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,432/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1974

0.59 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49099, White Pigeon, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,604 (100%)
Owner Occupied HU	1,846 (70.9%)
Renter Occupied HU	409 (15.7%)
Vacant Housing Units	349 (13.4%)
Median Home Value	$201,557
Average Home Value	$266,752