5690 Fairview Ct #38, Fruitport, MI, 49415 | 5.02% Rental Yield

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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

Total monthly income runs $1,620/mo, and a $1,894/mo payment. Purchase price stands at $387,000, and rental yield measures 5.02% with $1,620/mo rent. Return on cash invested shows 8.39% in year one, and 5% annual appreciation builds toward $106,921 over five years. Five-year ROI reaches 42.63% and total cumulative return in cash records $54,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $1,894/mo payment rather than investor’s personal income.

Condo

Built in 2004

2,178 sqft lot

$N/A/sqft

$300 monthly HOA