3961 Evergreen Ln, Benton Harbor, MI, 49022 | $1,797/mo Cash Flow

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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

Investment property for sale in Benton Harbor at 3961 Evergreen Ln, Benton Harbor, MI, 49022 uses $131,606 cash to close to unlock $21,565/yr annual cash flow and $1,797/mo monthly cash flow. Total monthly income runs $4,415/mo, and a $1,943/mo payment keeps the spread at $1,797/mo. Purchase price stands at $397,000, and rental yield measures 13.35% with $4,415/mo rent. Return on cash invested shows 36.3% in year one, and 5% annual appreciation builds toward $109,684 over five years. Five-year ROI reaches 191.27% and total cumulative return in cash records $251,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,415/mo property income covering a $1,943/mo payment rather than investor’s personal income.

Single Family

Built in 1962

1.29 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49022, Benton Harbor, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,018 (100%)
Owner Occupied HU	7,228 (51.6%)
Renter Occupied HU	5,089 (36.3%)
Vacant Housing Units	1,701 (12.1%)
Median Home Value	$200,743
Average Home Value	$271,485