244 Parker Ave, Benton Harbor, MI, 49022 | $452/mo Cash Flow

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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

Rental property for sale in Benton Harbor at 244 Parker Ave, Benton Harbor, MI, 49022 priced at $118,900 pairs $1,236/mo rent with $452/mo cash flow after a $582/mo payment. Total monthly income equals $1,236/mo, and annual cash flow comes to $5,422/yr on $39,415 invested. Return on cash invested is 33.67% in year one, and rental yield stands at 12.47% on a $118,900 basis. Equity gained on principal adds $767/yr, and 5% annual appreciation accumulates to $32,850 by year five. Five-year ROI measures 177.12% and total cumulative return in cash reaches $69,814. For financing, Ziffy Mortgage’s DSCR program evaluates $1,236/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1930

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