43 N Shore DrSouth 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
Rental property for sale in South Haven at 43 N Shore Dr, South Haven, MI, 49090 offers $2,820/mo rent that, after a $5,849/mo payment. Total monthly income is $2,820/mo. Return on cash invested measures 2.61% in year one, and rental yield stands at 2.83% at a $1,195,000 entry. Equity gained on principal adds $7,711/yr while 5% annual appreciation compounds into $330,156 by year five. Five-year ROI records 11.29% and total cumulative return in cash reaches $43,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,820/mo property income versus a $5,849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
3,484 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Gretchen Arkins • Greenridge Realty South Haven
Mls Name: MichRIC
Mls Provider:
Mls ID: #25003009
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.