317 S Harrison StBerrien SpringsMI49103
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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
Rental property for sale in Berrien Springs at 317 S Harrison St, Berrien Springs, MI, 49103 priced at $159,900 pairs $1,389/mo rent with $334/mo cash flow after a $783/mo payment. Total monthly income equals $1,389/mo, and annual cash flow comes to $4,010/yr on $53,007 invested. Return on cash invested is 27.47% in year one, and rental yield stands at 10.42% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 144.04% and total cumulative return in cash reaches $76,350. For financing, Ziffy Mortgage’s DSCR program evaluates $1,389/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1901
6,098 sqft 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
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Listed by: David Jardine • @properties Christie's International R.E.
Mls Name: MichRIC
Mls ID: #25055630