511 Elkenburg St, South Haven, MI, 49090 | $225/mo Cash Flow

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

Investment property for sale in South Haven at 511 Elkenburg St, South Haven, MI, 49090 uses $102,765 cash to close to unlock $2,700/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $2,269/mo, and a $1,517/mo payment keeps the spread at $225/mo. Purchase price stands at $310,000, and rental yield measures 8.78% with $2,269/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 117.46% and total cumulative return in cash records $120,703. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,269/mo property income covering a $1,517/mo payment rather than investor’s personal income.

Single Family

Built in 1955

7,649 sqft lot

$N/A/sqft

No HOA