638 Allegan St, Saugatuck, MI, 49453 | 4.72% Rental Yield

For Sale

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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 Saugatuck at 638 Allegan St, Saugatuck, MI, 49453 priced at $1,054,500 pairs $4,148/mo rent with after a $5,161/mo payment. Total monthly income equals $4,148/mo. Return on cash invested is 10.52% in year one, and rental yield stands at 4.72% on a $1,054,500 basis. Equity gained on principal adds $6,805/yr, and 5% annual appreciation accumulates to $291,339 by year five. Five-year ROI measures 52.92% and total cumulative return in cash reaches $180,806. For financing, Ziffy Mortgage’s DSCR program evaluates $4,148/mo property income against a $5,161/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1920

9,147 sqft lot

$N/A/sqft

No HOA