67700 N Ridgewood DrSouth HavenMI49090
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew South Haven rentals match the income profile of 67700 N Ridgewood Dr, South Haven, MI, 49090. Listed at $235,000, gross rent is $3,744/mo and net cash flow is $2,194/mo, a 19.12% yield well above national averages. DSCR 3.54 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $64,926 by year five with $2,164/yr in annual principal reduction, projecting $230,732 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.1% | 7.0% |
| Monthly Cash Flow | $2,194 | $800 |
City averages based on South Haven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,744 |
| Total Monthly Debt Service | $1,456 |
| DSCR Ratio | 2.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
0.36 Acres lot
$N/A/sqft
No HOA
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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
Single Family
Built in 1992
0.36 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices