650 Conger St APT 1South HavenMI49090
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Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in South Haven at 650 Conger St APT 1, South Haven, MI, 49090 earns from $1,907/mo rent with a $1,713/mo payment. Total monthly income totals $1,907/mo. ROI tracks 15.76% on current figures, and rental yield reads 6.54% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 81.12% and total cumulative return in cash sums $94,118. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,907/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Michelle Parent • Greenridge Realty South Haven
Mls Name: MichRIC
Mls ID: #25039242