2504 Riverside RdBenton HarborMI49022
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
Investment Highlights
Total monthly income runs $1,588/mo, and a $1,688/mo payment. Purchase price stands at $344,900, and rental yield measures 5.53% with $1,588/mo rent. Return on cash invested shows 12.71% in year one, and 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 64.75% and total cumulative return in cash records $74,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,588/mo property income covering a $1,688/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.46 Acres 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 |
Housing Distribution
Address Breakdown
Residential
13,082
Single Family
11,575
Multi-Family
1,507
Businesses
1,037
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Mitchell • Cressy & Everett Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25015031
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.