74153 8th AveSouth HavenMI49090
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 74153 8th Ave, South Haven, MI, 49090 in South Haven speaks for itself: 16.75% gross on a $185,000 price, generating $2,582/mo in rent and $1,362/mo in net income after the $832/mo debt service. DSCR 3.10, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,349 stacks alongside $51,112 in projected five-year appreciation and $1,704/yr in principal reduction. Projected total cumulative return: $158,141.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.8% | 7.0% |
| Monthly Cash Flow | $1,362 | $800 |
City averages based on South Haven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,582 |
| Total Monthly Debt Service | $1,146 |
| DSCR Ratio | 2.25x |
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.
Manufactured
Built in 1985
0.37 Acres lot
$N/A/sqft
No 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
Manufactured
Built in 1985
0.37 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Benjamin Stegman • RE/MAX Lakeshore
Mls Name: MichRIC
Mls Provider:
Mls ID: #25047729
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.