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Rent To Own Homes in Cassopolis, MI

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View this home at Brownsville Rd Cassopolis MI 49031
Preforeclosure
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$238,850 EMV
Brownsville Rd
Cassopolis, MI 49031
Single-Family
EST. RENT: $1,720
|
AUCTION: 05-15-2024
Single-Family
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Home Value Estimator For Cassopolis, MI

There are currently 2,826 real estate properties in Cassopolis, MI, with a median automated valuation model (AVM) price of $208,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cassopolis, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cassopolis, MI, is $332,043.00, with the most expensive house in Cassopolis, MI, topping out at $4,689,200.00 and the cheapest home in Cassopolis, MI, clocking in at $18,106.00. In other words, there’s something for every potential homebuyer or savvy investor in Cassopolis, MI!


Rent Prices In Cassopolis, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cassopolis, MI, is on a rollercoaster ride. The average rent price in Cassopolis, MI, is $1,366.00. Indeed, when looking to rent in Cassopolis, MI, you can expect to pay as little as $820.00 or as much as $2,280.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Cassopolis, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Cassopolis, MI In 2024

Cassopolis is located in Cass, Michigan, with an estimated municipal population of 1,699 residents. All of the best foreclosed homes for sale in Cassopolis are located in the following zip code areas on Foreclosure.com: 49031. The estimated population per square kilometer (.62 miles) in Cassopolis is 326.


Cost Of Living In Cassopolis, MI

So, about how much do homes cost in Cassopolis? The most recent median value of resident-owned homes in Cassopolis is 60,141. An estimated 47.8 percent of households in Cassopolis own their homes, with an average family size of 2.78. The median household income in Cassopolis is 32,813, with6.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cassopolis, the median commute time of resident workers (in minutes) is 24.4. And last, but certainly not least, are you looking for homes to rent in Cassopolis? If so, the average rent price paid by renters in Cassopolis is 558, according to recent statistics.


Diversity And Demographics In Cassopolis, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cassopolis, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cassopolis is 33.9, split between 48.8 percent male versus 51.2 female. The percentage of residents who report being married in Cassopolis is 36.5, with an average family size of 2.78.

The percentage of residents who report their race in Cassopolis is as follows:

White 54.7%
Black / African American 35%
Asian 2.1%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 7.8%
Other 0%

Looking for family-friendly neighborhoods in and/or near Cassopolis? Or maybe you are searching for 55+ active adult communities in and/or near Cassopolis?

The percentage of residents who report their age in Cassopolis is as follows:

Under 10 14.2%
Aged 10-19 14.6%
20s 17.9%
30s 10.8%
40s 7.8%
50s 13.9%
60s 7.9%
70s 9.9%
80+ 3.1%

Best Schools In Cassopolis, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cassopolis with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cassopolis.


Pros And Cons Of Living In Cassopolis, Michigan

How do you know that living in -- or moving to -- Cassopolis is right where you need to be? Perhaps you grew up in Cassopolis or already live nearby; therefore, the decision to buy a home in Cassopolis is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cassopolis for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cassopolis:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cassopolis.


Reasons To Move To Cassopolis, Michigan, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cassopolis can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cassopolis, meanwhile, can field multiple offers from more qualified buyers.

Cassopolis, MI Rent To Own Homes


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