1 Bailey Ave #2South HavenMI49090
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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
Investment Highlights
Investment property for sale in South Haven at 1 Bailey Ave #2, South Haven, MI, 49090 with 5% annual appreciation on a $1,200,000 basis while $3,659/mo rent supports operations. 24% in year one. Equity gained on principal adds $7,743/yr, and five-year appreciation sums $331,538 alongside rental yield of 3.66%. Five-year ROI measures 35.35% and total cumulative return in cash totals $137,435. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,659/mo property income versus a $5,873/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Andrea L Crossman • Coldwell Banker Woodland Schmidt
Mls Name: MichRIC
Mls ID: #25056830