620 Bailey Ave, South Haven, MI, 49090 | $580/mo Cash Flow

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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

Rental property for sale in South Haven at 620 Bailey Ave, South Haven, MI, 49090 priced at $249,900 converts $2,228/mo rent into $580/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,228/mo, and annual cash flow totals $6,962/yr on $82,842 invested. Return on cash invested prints 28.31% in year one, and rental yield reads 10.7% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 148.49% and total cumulative return in cash sums $123,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,228/mo property income covering a $1,223/mo payment, not borrower’s personal income.

Single Family

Built in 1910

6,534 sqft lot

$N/A/sqft

No HOA