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441 E Parsons Ave, Watervliet, MI 49098 — $225,000 · 3bd · ~0.9% rule | OnePercent

441 E Parsons Ave, Watervliet, MI 49098

$225,000

Home·Watervliet 49098·441 E Parsons Ave, Watervliet, MI 49098

Confirmed 1 day ago

441 E Parsons Ave, Watervliet, MI 49098

3 bd · 1 ba · 1,025 sqft · built 1957 · Watervliet · SINGLE_FAMILY·source listing ↗

$225,000

rent, three ways

OnePercent model (vv1)$2,023/mo

p10–p90 confidence band

HUD Fair Market Rent · 49098 · 3BR$1,840/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Berrien

Flood risk indexRelatively Low FEMA NRI

Median household income$59,047

Median area rent$917/mo

Median home value$164,200

the verdict

0.90%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$225,000

0.90% · rent $2,023

Intrinsic value · income approach

$239,650

6% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.