6883 62nd St, South Haven, MI, 49090 | $120/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in South Haven at 6883 62nd St, South Haven, MI, 49090 earns $120/mo cash flow from $1,769/mo rent with a $1,224/mo payment. Total monthly income totals $1,769/mo, and annual cash flow totals $1,440/yr on $82,875 capital. ROI tracks 21.65% on current figures, and rental yield reads 8.49% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 112.68% and total cumulative return in cash sums $93,382. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,769/mo property income instead of your personal income.

Single Family

Built in 1940

6 Acres lot

$N/A/sqft

No HOA