6643 109th AveSouth HavenMI49090
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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
Investment Highlights
Rental property for sale in South Haven at 6643 109th Ave, South Haven, MI, 49090 generates $3,191/mo in rent and, after a $1,468/mo payment, leaves $1,213/mo in cash flow. Total monthly income is $3,191/mo, and annual cash flow is $14,556/yr on $99,450 invested. Return on cash invested sits at 34.55% in year one, and rental yield is 12.76% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 181.85% and total cumulative return in cash sums $180,852. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,191/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
4.30 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Matthias DeJongh • Greenridge Realty South Haven
Mls Name: MichRIC
Mls Provider:
Mls ID: #25022306
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.