3902 Lake Chapin Rd, Berrien Springs, MI, 49103 | $699/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
2 Bath
2080 sft

212 E South St, South Bend, IN, 46601

3 Bed
2 Bath
1680 sft

29900 Grant Rd, New Carlisle, IN, 46552

5 Bed
4 Bath
3175 sft

107 Cherry St, New Carlisle, IN, 46552

3 Bed
2 Bath
2244 sft

25824 Little Fox Trl, South Bend, IN, 46628

Nearby investment properties with comparable prices

3 Bed
3 Bath
1720 sft

1612 Jody Ct, South Bend, IN, 46628

3 Bed
2 Bath
1607 sft

Manorwood Cir #XTUGQY, Benton Harbor, MI, 49022

3 Bed
2 Bath
2072 sft

Integrity 2060 Plan, Manorwood, Benton Harbor, MI, 49022

3 Bed
2 Bath
1652 sft

314 Chippewa St, Buchanan, MI, 49107

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Berrien Springs at 3902 Lake Chapin Rd, Berrien Springs, MI, 49103 with 5% annual appreciation on a $330,000 basis while $2,875/mo rent supports operations. Total monthly income totals $2,875/mo and a $1,615/mo payment preserves $699/mo for cash returns. Annual cash flow comes to $8,388/yr on $109,395 deployed, and return on cash invested reaches 27.58% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 10.45%. Five-year ROI measures 144.49% and total cumulative return in cash totals $158,063.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,875/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1955

2 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