20920 68th StSouth HavenMI49090
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 20920 68th St, South Haven, MI, 49090 in South Haven speaks for itself: 15.36% gross on a $234,900 price, generating $3,006/mo in rent and $1,457/mo in net income after the $1,056/mo debt service. DSCR 2.85, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $17,483 stacks alongside $64,899 in projected five-year appreciation and $2,163/yr in principal reduction. Projected total cumulative return: $183,263.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.4% | 7.0% |
| Monthly Cash Flow | $1,457 | $800 |
City averages based on South Haven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,006 |
| Total Monthly Debt Service | $1,456 |
| DSCR Ratio | 2.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1995
1.35 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1995
1.35 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle J McMaster • Michigan Top Producers
Mls Name: MichRIC
Mls ID: #25028259