3493 Palmer Dr, Saugatuck, MI, 49453 | 7.03% Rental Yield

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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

Rental property for sale in Saugatuck at 3493 Palmer Dr, Saugatuck, MI, 49453 priced at $880,000 pairs $5,158/mo rent with after a $4,307/mo payment. Total monthly income equals $5,158/mo. Return on cash invested is 16.92% in year one, and rental yield stands at 7.03% on a $880,000 basis. Equity gained on principal adds $5,679/yr, and 5% annual appreciation accumulates to $243,128 by year five. Five-year ROI measures 87.49% and total cumulative return in cash reaches $253,304. For financing, Ziffy Mortgage’s DSCR program evaluates $5,158/mo property income against a $4,307/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2014

0.54 Acres lot

$N/A/sqft

$1,350 annually HOA