261 Black River St #C, South Haven, MI, 49090 | 4.82% Rental Yield

For Sale

Rental Income

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

Rental property for sale in South Haven at 261 Black River St #C, South Haven, MI, 49090 priced at $417,900 pairs $1,680/mo rent with after a $2,045/mo payment. Total monthly income equals $1,680/mo. Return on cash invested is 8.21% in year one, and rental yield stands at 4.82% on a $417,900 basis. Equity gained on principal adds $2,697/yr, and 5% annual appreciation accumulates to $115,458 by year five. Five-year ROI measures 41.52% and total cumulative return in cash reaches $57,524. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $2,045/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1985

N/A lot

$N/A/sqft

$275 monthly HOA