1643 Columbus Ave, Benton Harbor, MI, 49022 | $1,663/mo Cash Flow

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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 Benton Harbor at 1643 Columbus Ave, Benton Harbor, MI, 49022 with 5% annual appreciation on a $209,900 basis while $3,047/mo rent supports operations. Total monthly income totals $3,047/mo and a $1,027/mo payment preserves $1,663/mo for cash returns. Annual cash flow comes to $19,958/yr on $69,582 deployed, and return on cash invested reaches 48.59% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 17.42%. Five-year ROI measures 257.25% and total cumulative return in cash totals $179,000.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,047/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1960

10,454 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