3987 Fikes Rd,Benton Harbor,MI,49022

Investment Highlights

Investment property for sale in Benton Harbor at 3987 Fikes Rd, Benton Harbor, MI, 49022 listed at $359,000 pairs $2,593/mo rent with a $1,757/mo payment to leave $226/mo cash flow. Total monthly income runs $2,593/mo, and annual cash flow reaches $2,708/yr on $119,009 cash to close. Return on cash invested measures 22.18% in year one, and rental yield registers 8.67% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Five-year ROI tracks 115.59% and total cumulative return in cash totals $137,563. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,593/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).