1585 Leeds Ave, Benton Harbor, MI, 49022 | $149/mo Cash Flow

For Sale

Ziffy Mortgage

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

Rental property for sale in Benton Harbor at 1585 Leeds Ave, Benton Harbor, MI, 49022 priced at $129,500 converts $1,003/mo rent into $149/mo cash flow after a $634/mo obligation. Total monthly income equals $1,003/mo, and annual cash flow totals $1,786/yr on $42,929 invested. Return on cash invested prints 24.07% in year one, and rental yield reads 9.29% against a $129,500 entry. Equity gained on principal adds $836/yr, while 5% annual appreciation compiles into $35,778 by year five. Five-year ROI reaches 125.68% and total cumulative return in cash sums $53,954. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,003/mo property income covering a $634/mo payment, not borrower’s personal income.

Single Family

Built in 1950

0.32 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