1120 Park Ave, Grand Haven, MI, 49417 | $82/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grand Haven at 1120 Park Ave, Grand Haven, MI, 49417 offers a 8.26% rental yield on a $286,000 purchase with $1,968/mo rent. Total monthly income registers $1,968/mo, and a $1,400/mo payment leaves $82/mo available for distribution. Annual cash flow reaches $982/yr on $94,809 to close, and return on cash invested stands at 20.94% in year one. Equity gained on principal adds $1,846/yr while 5% annual appreciation supports $79,017 over five years. Portfolio math shows five-year ROI at 108.92% and total cumulative return in cash at $103,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,968/mo property income against a $1,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1951

8,712 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49417, Grand Haven, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,444 (100%)
Owner Occupied HU	10,682 (69.2%)
Renter Occupied HU	3,339 (21.6%)
Vacant Housing Units	1,423 ( 9.2%)
Median Home Value	$353,641
Average Home Value	$376,432