2508 Medinah Ln, Benton Harbor, MI, 49022 | $1,263/mo Cash Flow

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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 Benton Harbor at 2508 Medinah Ln, Benton Harbor, MI, 49022 with 5% annual appreciation on a $475,000 basis while $4,685/mo rent supports operations. Total monthly income totals $4,685/mo and a $2,325/mo payment preserves $1,263/mo for cash returns. Annual cash flow comes to $15,150/yr on $157,463 deployed, and return on cash invested reaches 29.53% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 11.84%. Five-year ROI measures 155.77% and total cumulative return in cash totals $245,287.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,685/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2006

4,356 sqft lot

$N/A/sqft

$290 monthly 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