64 Griffith St APT 17, Saugatuck, MI, 49453 | 3.84% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
610 sft

1228 Creekwood Dr, South Haven, MI, 49090

2 Bed
1 Bath
996 sft

221 James St, Allegan, MI, 49010

3 Bed
1 Bath
1364 sft

5314 124th Ave, Fennville, MI, 49408

2 Bed
1 Bath
992 sft

230 S State St APT 84, Zeeland, MI, 49464

Nearby investment properties with comparable prices

- Bed
- Bath
- sft

14177 Phoenix Pl #JOWZZP, Holland, MI, 49424

4 Bed
3 Bath
2062 sft

Silverton Dr #PKIMHM, Holland, MI, 49424

4 Bed
3 Bath
1882 sft

13747 Oasis Ave, Holland, MI, 49424

4 Bed
3 Bath
1773 sft

15991 Croswell St, West Olive, MI, 49460

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Saugatuck at 64 Griffith St APT 17, Saugatuck, MI, 49453 offers a 3.84% rental yield on a $485,000 purchase with $1,552/mo rent. 62% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 37.48% and total cumulative return in cash at $60,266. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,552/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA