74961 24th Ave, South Haven, MI, 49090 | $487/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in South Haven at 74961 24th Ave, South Haven, MI, 49090 generates $2,228/mo in rent and, after a $1,292/mo payment, leaves $487/mo in cash flow. Total monthly income is $2,228/mo, and annual cash flow is $5,846/yr on $87,516 invested. Return on cash invested sits at 26.59% in year one, and rental yield is 10.13% on a $264,000 entry. Equity gained on principal adds $1,704/yr, while 5% annual appreciation builds toward $72,938 over five years. Five-year ROI reaches 139.24% and total cumulative return in cash sums $121,861. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,228/mo property income rather than buyer’s personal income.

Single Family

Built in 1960

3.08 Acres lot

$N/A/sqft

No HOA