525 Superior #202South HavenMI49090
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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
Rental property for sale in South Haven at 525 Superior #202, South Haven, MI, 49090 generates $2,052/mo in rent, after a $2,435/mo payment. Total monthly income is $2,052/mo. Return on cash invested sits at 10.97% in year one, and rental yield is 4.95% on a $497,500 entry. Equity gained on principal adds $3,210/yr, while 5% annual appreciation builds toward $137,450 over five years. Five-year ROI reaches 55.45% and total cumulative return in cash sums $91,443. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,052/mo property income rather than buyer’s personal income.
Condo
Built in 1936
N/A lot
$N/A/sqft
No HOA
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Listed by: Ronald Seiler • Coldwell Banker Woodland Schmidt
Mls Name: MichRIC
Mls ID: #26001616