2000 E Empire AveBenton 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
Investment property for sale in Benton Harbor at 2000 E Empire Ave, Benton Harbor, MI, 49022 uses $64,643 cash to close to unlock $2,802/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $1,519/mo, and a $954/mo payment keeps the spread at $234/mo. Purchase price stands at $195,000, and rental yield measures 9.35% with $1,519/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 126.64% and total cumulative return in cash records $81,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,519/mo property income covering a $954/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 1952
6 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: N/A • N/A
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