2049 E Hinchman RdBerrien SpringsMI49103
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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
Total monthly income runs $1,176/mo, and a $3,377/mo payment. Purchase price stands at $689,900, and rental yield measures 2.05% with $1,176/mo rent. Return on cash invested shows 2.22% in year one, and 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 8.52% and total cumulative return in cash records $19,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,176/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Single Family
Built in 1970
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49103, Berrien Springs, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,038 (100%) |
| Owner Occupied HU | 2,865 (56.9%) |
| Renter Occupied HU | 1,533 (30.4%) |
| Vacant Housing Units | 640 (12.7%) |
| Median Home Value | $273,124 |
| Average Home Value | $318,962 |
Housing Distribution
Address Breakdown
Residential
4,559
Single Family
4,413
Multi-Family
146
Businesses
294
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Listed by: Anna Glassman • Glassman Real Estate
Mls Name: MichRIC
Mls ID: #25042574