16 Park St, Saugatuck, MI, 49453 | 4.45% Rental Yield

For Sale

Listed for sale 5 days ago

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

Investment property for sale in Saugatuck at 16 Park St, Saugatuck, MI, 49453 with 5% annual appreciation on a $689,900 basis while $2,560/mo rent supports operations. 54% in year one. Equity gained on principal adds $4,452/yr, and five-year appreciation sums $190,607 alongside rental yield of 4.45%. Five-year ROI measures 47.76% and total cumulative return in cash totals $108,397. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,560/mo property income versus a $3,377/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1994

0.68 Acres lot

$N/A/sqft

No HOA