270 Oak St APT 24, South Haven, MI, 49090 | 8.06% Rental Yield

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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

Rental property for sale in South Haven at 270 Oak St APT 24, South Haven, MI, 49090 generates $3,257/mo in rent, after a $2,374/mo payment. Total monthly income is $3,257/mo. Return on cash invested sits at 18.35% in year one, and rental yield is 8.06% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 95.75% and total cumulative return in cash sums $153,950. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,257/mo property income rather than buyer’s personal income.

Condo

Built in 2004

N/A lot

$N/A/sqft

$267 monthly HOA