300 Black River St APT 21, South Haven, MI, 49090 | 4.21% Rental Yield

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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

Total monthly income runs $2,737/mo, and a $3,818/mo payment. Purchase price stands at $780,000, and rental yield measures 4.21% with $2,737/mo rent. Return on cash invested shows 6.47% in year one, and 5% annual appreciation builds toward $215,500 over five years. Five-year ROI reaches 32.1% and total cumulative return in cash records $82,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,737/mo property income covering a $3,818/mo payment rather than investor’s personal income.

Condo

Built in 1989

N/A lot

$N/A/sqft

$500 monthly HOA