300 Ash StSouth HavenMI49090
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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
Investment Highlights
Rental property for sale in South Haven at 300 Ash St, South Haven, MI, 49090 priced at $429,900 pairs $2,892/mo rent with after a $2,104/mo payment. Total monthly income equals $2,892/mo. Return on cash invested is 17.37% in year one, and rental yield stands at 8.07% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 90.86% and total cumulative return in cash reaches $129,487. For financing, Ziffy Mortgage’s DSCR program evaluates $2,892/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
$359 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Mike McGivney • Allen Edwin Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #24062027
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.