1287 Maner RdBenton HarborMI49022
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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 Benton Harbor at 1287 Maner Rd, Benton Harbor, MI, 49022 offers a 8.04% rental yield on a $290,000 purchase with $1,944/mo rent. Total monthly income registers $1,944/mo, and a $1,419/mo payment leaves $32/mo available for distribution. Annual cash flow reaches $384/yr on $96,135 to close, and return on cash invested stands at 20.31% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 105.49% and total cumulative return in cash at $101,416. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,944/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49022, Benton Harbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,018 (100%) |
| Owner Occupied HU | 7,228 (51.6%) |
| Renter Occupied HU | 5,089 (36.3%) |
| Vacant Housing Units | 1,701 (12.1%) |
| Median Home Value | $200,743 |
| Average Home Value | $271,485 |
Housing Distribution
Address Breakdown
Residential
13,082
Single Family
11,575
Multi-Family
1,507
Businesses
1,037
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Listed by: Brian Brant • Sunrise Real Estate, Inc.
Mls Name: MichRIC
Mls ID: #25049684