320 Fisher CtBerrien SpringsMI49103
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 320 Fisher Ct, Berrien Springs, MI, 49103 in Berrien Springs worth study. Rental yield 5.37%. The 5.37% gross yield is below cash-flow benchmarks at $650,000, but 5% annual appreciation, adding $179,583 over five years, frames this as a capital growth position. Rent of $2,911/mo partially offsets the $2,923/mo payment. Ziffy Mortgage finances appreciation-play properties (1.00 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $159,071.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 7.5% |
| Monthly Cash Flow | $(1,375) | $250 |
City averages based on Berrien Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,911 |
| Total Monthly Debt Service | $4,028 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
0.68 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
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
Single Family
Built in 1958
0.68 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: Nick Oosting • 616 Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25011813
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.