1051 Phoenix StSouth 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 1051 Phoenix St, South Haven, MI, 49090 listed at $499,900 pairs $3,024/mo rent with a $2,447/mo payment. Total monthly income runs $3,024/mo. Return on cash invested measures 17.93% in year one, and rental yield registers 7.26% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 92.8% and total cumulative return in cash totals $153,780. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,024/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
0.38 Acres lot
$N/A/sqft
No HOA
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Listed by: Matthias DeJongh • Greenridge Realty South Haven
Mls Name: MichRIC
Mls Provider:
Mls ID: #25029680
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.