516 Williams St APT 12, South Haven, MI, 49090 | 5.78% 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 South Haven at 516 Williams St APT 12, South Haven, MI, 49090 offers a 5.78% rental yield on a $534,900 purchase with $2,575/mo rent. 31% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,783 over five years. Portfolio math shows five-year ROI at 58.05% and total cumulative return in cash at $102,153. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,575/mo property income against a $2,618/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2004

N/A lot

$N/A/sqft

$331 monthly HOA