10239 Painter School RdBerrien CenterMI49102
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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
Rental property for sale in Berrien Center at 10239 Painter School Rd, Berrien Center, MI, 49102 generates $2,285/mo in rent and, after a $1,659/mo payment, leaves $50/mo in cash flow. Total monthly income is $2,285/mo, and annual cash flow is $596/yr on $112,379 invested. Return on cash invested sits at 20.44% in year one, and rental yield is 8.09% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 106.22% and total cumulative return in cash sums $119,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,285/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
3.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49102, Berrien Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 706 (100%) |
| Owner Occupied HU | 461 (65.3%) |
| Renter Occupied HU | 112 (15.9%) |
| Vacant Housing Units | 133 (18.8%) |
| Median Home Value | $262,167 |
| Average Home Value | $262,956 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
510
Multi-Family
0
Businesses
18
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Listed by: Roger Johnson • Real Broker LLC
Mls Name: MichRIC
Mls ID: #25035857