742 Ravine LnSouth 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
Rental property for sale in South Haven at 742 Ravine Ln, South Haven, MI, 49090 generates $2,486/mo in rent, after a $2,325/mo payment. Total monthly income is $2,486/mo. Return on cash invested sits at 14.98% in year one, and rental yield is 6.28% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 76.96% and total cumulative return in cash sums $121,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,486/mo property income rather than buyer’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Ryan J Servatius • Century 21 Affiliated
Mls Name: MichRIC
Mls Provider:
Mls ID: #25017513
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.