430 W Ferry StBerrien SpringsMI49103
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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 Berrien Springs at 430 W Ferry St, Berrien Springs, MI, 49103 listed at $224,900 pairs $1,915/mo rent with a $1,101/mo payment to leave $432/mo cash flow. Total monthly income runs $1,915/mo, and annual cash flow reaches $5,180/yr on $74,554 cash to close. Return on cash invested measures 26.86% in year one, and rental yield registers 10.22% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 140.65% and total cumulative return in cash totals $104,857. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,915/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49103, Berrien Springs, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,038 (100%) |
| Owner Occupied HU | 2,865 (56.9%) |
| Renter Occupied HU | 1,533 (30.4%) |
| Vacant Housing Units | 640 (12.7%) |
| Median Home Value | $273,124 |
| Average Home Value | $318,962 |
Housing Distribution
Address Breakdown
Residential
4,559
Single Family
4,413
Multi-Family
146
Businesses
294
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Listed by: Carla Galbraith • Coldwell Banker Anchor R.E.
Mls Name: MichRIC
Mls ID: #26000251