542 Montezuma RdBenton HarborMI49022
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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
Investment property for sale in Benton Harbor at 542 Montezuma Rd, Benton Harbor, MI, 49022 with 5% annual appreciation on a $155,000 basis while $1,205/mo rent supports operations. Total monthly income totals $1,205/mo and a $759/mo payment preserves $183/mo for cash returns. Annual cash flow comes to $2,190/yr on $51,383 deployed, and return on cash invested reaches 24.17% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.33%. Five-year ROI measures 126.28% and total cumulative return in cash totals $64,888.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,205/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49022, Benton Harbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,018 (100%) |
| Owner Occupied HU | 7,228 (51.6%) |
| Renter Occupied HU | 5,089 (36.3%) |
| Vacant Housing Units | 1,701 (12.1%) |
| Median Home Value | $200,743 |
| Average Home Value | $271,485 |
Housing Distribution
Address Breakdown
Residential
13,082
Single Family
11,575
Multi-Family
1,507
Businesses
1,037
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Listed by: Jade Smith • @properties Christie's International R.E.
Mls Name: MichRIC
Mls Provider:
Mls ID: #24059475
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.