7529 Deans Hill RdBerrien CenterMI49102
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
Investment Highlights
Rental property for sale in Berrien Center at 7529 Deans Hill Rd, Berrien Center, MI, 49102 offers $3,151/mo rent that, after a $1,221/mo payment, leaves $1,506/mo cash flow. Total monthly income is $3,151/mo, and annual cash flow is $18,070/yr on $82,709 cash. Return on cash invested measures 41.76% in year one, and rental yield stands at 15.16% at a $249,500 entry. Equity gained on principal adds $1,610/yr while 5% annual appreciation compounds into $68,932 by year five. Five-year ROI records 220.53% and total cumulative return in cash reaches $182,397. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,151/mo property income versus a $1,221/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49102, Berrien Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 706 (100%) |
| Owner Occupied HU | 461 (65.3%) |
| Renter Occupied HU | 112 (15.9%) |
| Vacant Housing Units | 133 (18.8%) |
| Median Home Value | $262,167 |
| Average Home Value | $262,956 |
Housing Distribution
Address Breakdown
Residential
510
Single Family
510
Multi-Family
0
Businesses
18
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Listed by: Howard McLauchlin • McLauchlin Realty, Inc.
Mls Name: MichRIC
Mls Provider:
Mls ID: #24039945
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.