507 Lena DrSouth HavenMI49090








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Nearby investment properties with comparable prices

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 507 Lena Dr, South Haven, MI, 49090 priced at $619,000 pairs $2,860/mo rent with after a $3,030/mo payment. Total monthly income equals $2,860/mo. Return on cash invested is 12.61% in year one, and rental yield stands at 5.54% on a $619,000 basis. Equity gained on principal adds $3,994/yr, and 5% annual appreciation accumulates to $171,018 by year five. Five-year ROI measures 64.33% and total cumulative return in cash reaches $131,005. For financing, Ziffy Mortgage’s DSCR program evaluates $2,860/mo property income against a $3,030/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
1.10 Acres lot
$N/A/sqft
$500 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Courtney Arkins • Greenridge Realty South Haven
Mls Name: MichRIC
Mls Provider:
Mls ID: #24052408
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.







