7250 Lakeview AveSouth HavenMI49090
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 7250 Lakeview Ave, South Haven, MI, 49090 in South Haven. Rental yield 3.87%. At $1,150,000 with 3.87% gross yield, current distributions are modest, but the 5% appreciation rate projects $317,724 in new equity by year five, complemented by $10,592/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.72) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $185,798.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 7.0% |
| Monthly Cash Flow | $(3,923) | $800 |
City averages based on South Haven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,710 |
| Total Monthly Debt Service | $7,176 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2013
9,583 sqft lot
$N/A/sqft
$600 annually HOA
Nearby investment properties with comparable rents
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 2013
9,583 sqft lot
$N/A/sqft
$600 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian J Clinger • Coldwell Banker Schmidt Realtors
Mls Name: MichRIC
Mls Provider:
Mls ID: #25028469
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.