1309 Union AveBenton HarborMI49022
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 Benton Harbor at 1309 Union Ave, Benton Harbor, MI, 49022 at $129,500 posts ROI 23.34% with $123/mo cash flow from $977/mo rent. Total monthly income equals $977/mo, and annual cash flow records $1,474/yr on $42,929 to close. Return on cash invested measures 23.34% and rental yield reads 9.05% at the current $129,500. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 by year five. Five-year ROI prints 121.8% and total cumulative return in cash totals $52,286.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $977/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
6,534 sqft 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: Mikki Swisher • American Homes Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25009510
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.