203 Dyckman AveSouth HavenMI49090
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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
Rental property for sale in South Haven at 203 Dyckman Ave, South Haven, MI, 49090 offers $9,144/mo rent that, after a $7,342/mo payment. Total monthly income is $9,144/mo. Return on cash invested measures 18.52% in year one, and rental yield stands at 7.32% at a $1,500,000 entry. Equity gained on principal adds $9,679/yr while 5% annual appreciation compounds into $414,422 by year five. Five-year ROI records 95.85% and total cumulative return in cash reaches $465,827. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $9,144/mo property income versus a $7,342/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1895
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Ryan J Servatius • Century 21 Affiliated
Mls Name: MichRIC
Mls Provider:
Mls ID: #24015030
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.