414 Michigan AveSouth HavenMI49090
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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
Investment Highlights
Investment property for sale in South Haven at 414 Michigan Ave, South Haven, MI, 49090 at $659,900 posts ROI 9.79% with from $2,494/mo rent. Total monthly income equals $2,494/mo. Return on cash invested measures 9.79% and rental yield reads 4.54% at the current $659,900. Equity gained on principal adds $4,258/yr, and 5% annual appreciation supports $182,318 by year five. Five-year ROI prints 49.1% and total cumulative return in cash totals $106,610. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,494/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Bradley Schloss • Jaqua REALTORS
Mls Name: MichRIC
Mls Provider:
Mls ID: #24047996
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.