6543 Deans Hill RdBerrien CenterMI49102
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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
Rental property for sale in Berrien Center at 6543 Deans Hill Rd, Berrien Center, MI, 49102 generates $1,951/mo in rent, after a $1,640/mo payment. Total monthly income is $1,951/mo. Return on cash invested sits at 17.12% in year one, and rental yield is 6.99% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 88.41% and total cumulative return in cash sums $98,180. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,951/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49102, Berrien Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 706 (100%) |
| Owner Occupied HU | 461 (65.3%) |
| Renter Occupied HU | 112 (15.9%) |
| Vacant Housing Units | 133 (18.8%) |
| Median Home Value | $262,167 |
| Average Home Value | $262,956 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
510
Multi-Family
0
Businesses
18
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Listed by: Heather Lloyd • Century 21 Affiliated
Mls Name: MichRIC
Mls Provider:
Mls ID: #24057784
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.