59556 Bart Ln #246, New Haven, MI, 48048 | $124/mo Cash Flow

For Sale

Listed for sale 4 days ago

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 New Haven at 59556 Bart Ln #246, New Haven, MI, 48048 offers a 9.13% rental yield on a $122,900 purchase with $935/mo rent. Total monthly income registers $935/mo, and a $602/mo payment leaves $124/mo available for distribution. Annual cash flow reaches $1,489/yr on $40,741 to close, and return on cash invested stands at 23.56% in year one. Equity gained on principal adds $793/yr while 5% annual appreciation supports $33,955 over five years. Portfolio math shows five-year ROI at 123.13% and total cumulative return in cash at $50,166. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $935/mo property income against a $602/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2026

N/A lot

$N/A/sqft

No HOA