202 Searles 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 202 Searles Ave, Benton Harbor, MI, 49022 offers a 12.44% rental yield on a $135,000 purchase with $1,400/mo rent. Total monthly income registers $1,400/mo, and a $661/mo payment leaves $510/mo available for distribution. Annual cash flow reaches $6,114/yr on $44,753 to close, and return on cash invested stands at 33.57% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 176.71% and total cumulative return in cash at $79,081. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,400/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
6,534 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 |
Housing Distribution
Address Breakdown
Residential
13,082
Single Family
11,575
Multi-Family
1,507
Businesses
1,037
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Listed by: Jennifer G. Nowlen-Boyer • Jaqua Realtors
Mls Name: MichRIC
Mls Provider:
Mls ID: #25018222
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.








