515 Park St #1, Saugatuck, MI, 49453 | 2.29% Rental Yield

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 Saugatuck at 515 Park St #1, Saugatuck, MI, 49453 earns from $3,436/mo rent with a $8,810/mo payment. Total monthly income totals $3,436/mo. ROI tracks 3.02% on current figures, and rental yield reads 2.29% at a $1,800,000 purchase. Equity gained on principal adds $11,615/yr, and 5% annual appreciation supports $497,307 over five years. Five-year ROI reaches 12.7% and total cumulative return in cash sums $74,039. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,436/mo property income instead of your personal income.

Condo

Built in 2000

0.26 Acres lot

$N/A/sqft

No HOA