119 South StSouth HavenMI49090
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 119 South St, South Haven, MI, 49090 offers a 2.36% rental yield on a $1,500,000 purchase with $2,954/mo rent. 24% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,422 over five years. Portfolio math shows five-year ROI at 13.89% and total cumulative return in cash at $67,499. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,954/mo property income against a $7,342/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan J Servatius • Century 21 Affiliated
Mls Name: MichRIC
Mls Provider:
Mls ID: #24047154
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.