1565 Miami 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
Total monthly income runs $2,160/mo, and a $3,549/mo payment. Purchase price stands at $725,000, and rental yield measures 3.58% with $2,160/mo rent. Return on cash invested shows 6.87% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 33.44% and total cumulative return in cash records $79,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $3,549/mo payment rather than investor’s personal income.
Single Family
Built in 1942
0.63 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: Keith Claunch • Coldwell Banker Realty
Mls Name: MichRIC
Mls ID: #25043775