220 Elkenburg St #6, South Haven, MI, 49090 | $1/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in South Haven at 220 Elkenburg St #6, South Haven, MI, 49090 earns $1/mo cash flow from $2,520/mo rent with a $1,870/mo payment. Total monthly income totals $2,520/mo, and annual cash flow totals $7/yr on $126,633 capital. ROI tracks 19.91% on current figures, and rental yield reads 7.92% at a $382,000 purchase. Equity gained on principal adds $2,465/yr, and 5% annual appreciation supports $105,540 over five years. Five-year ROI reaches 103.41% and total cumulative return in cash sums $130,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA