7241 Pacific 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 7241 Pacific Ave, South Haven, MI, 49090 priced at $1,300,000 converts $2,662/mo rent into after a $6,363/mo obligation. Total monthly income equals $2,662/mo. Return on cash invested prints 2.8% in year one, and rental yield reads 2.46% against a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. Five-year ROI reaches 11.82% and total cumulative return in cash sums $49,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,662/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.33 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jackson G Matson • @properties Christie's International R.E.
Mls Name: MichRIC
Mls Provider:
Mls ID: #25007526
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.