635 E Main St, Benton Harbor, MI, 49022 | $2,622/mo Cash Flow

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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 Benton Harbor at 635 E Main St, Benton Harbor, MI, 49022 offers $3,506/mo rent that, after a $656/mo payment, leaves $2,622/mo cash flow. Total monthly income is $3,506/mo, and annual cash flow is $31,466/yr on $44,421 cash. Return on cash invested measures 90.75% in year one, and rental yield stands at 31.4% at a $134,000 entry. Equity gained on principal adds $865/yr while 5% annual appreciation compounds into $37,022 by year five. Five-year ROI records 483.34% and total cumulative return in cash reaches $214,703. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,506/mo property income versus a $656/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

5,227 sqft 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