731 Phillips StSouth HavenMI49090








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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


Investment Highlights
Investment property for sale in South Haven at 731 Phillips St, South Haven, MI, 49090 uses $75,914 cash to close to unlock $4,280/yr annual cash flow and $357/mo monthly cash flow. Total monthly income runs $1,867/mo, and a $1,121/mo payment keeps the spread at $357/mo. Purchase price stands at $229,000, and rental yield measures 9.78% with $1,867/mo rent. Return on cash invested shows 25.55% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 133.61% and total cumulative return in cash records $101,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,867/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1950
96 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Trish King • Berkshire Hathaway HomeServices Michigan Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #24060842
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








