2775 Lakeland DrBerrien SpringsMI49103
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
Investment property for sale in Berrien Springs at 2775 Lakeland Dr, Berrien Springs, MI, 49103 with 5% annual appreciation on a $369,900 basis while $3,402/mo rent supports operations. Total monthly income totals $3,402/mo and a $1,810/mo payment preserves $963/mo for cash returns. Annual cash flow comes to $11,558/yr on $122,622 deployed, and return on cash invested reaches 29.33% in year one. Equity gained on principal adds $2,387/yr, and five-year appreciation sums $102,197 alongside rental yield of 11.04%. Five-year ROI measures 153.94% and total cumulative return in cash totals $188,770.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,402/mo property income versus a $1,810/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49103, Berrien Springs, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,038 (100%) |
| Owner Occupied HU | 2,865 (56.9%) |
| Renter Occupied HU | 1,533 (30.4%) |
| Vacant Housing Units | 640 (12.7%) |
| Median Home Value | $273,124 |
| Average Home Value | $318,962 |
Housing Distribution
Address Breakdown
Residential
4,559
Single Family
4,413
Multi-Family
146
Businesses
294
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Jardine • @properties Christie's International R.E.
Mls Name: MichRIC
Mls ID: #25057539