407 Eagle St #11, South Haven, MI, 49090 | 4.96% Rental Yield

For Sale

Ziffy Mortgage

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 South Haven at 407 Eagle St #11, South Haven, MI, 49090 generates $1,588/mo in rent, after a $1,879/mo payment. Total monthly income is $1,588/mo. Return on cash invested sits at 9.86% in year one, and rental yield is 4.96% on a $384,000 entry. Equity gained on principal adds $2,478/yr, while 5% annual appreciation builds toward $106,092 over five years. Five-year ROI reaches 49.94% and total cumulative return in cash sums $63,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.

Condo

Built in 2002

N/A lot

$N/A/sqft

$122 monthly HOA