630 62nd St, South Haven, MI, 49090 | $881/mo Cash Flow

Recently Sold

Rental Income

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 South Haven at 630 62nd St, South Haven, MI, 49090 listed at $255,000 pairs $2,562/mo rent with a $1,248/mo payment to leave $881/mo cash flow. Total monthly income runs $2,562/mo, and annual cash flow reaches $10,566/yr on $84,533 cash to close. Return on cash invested measures 32.41% in year one, and rental yield registers 12.06% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 170.43% and total cumulative return in cash totals $144,068. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,562/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1983

4.99 Acres lot

$N/A/sqft

No HOA