7616 Lake RdBerrien CenterMI49102
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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
Investment Highlights
Investment property for sale in Berrien Center at 7616 Lake Rd, Berrien Center, MI, 49102 earns from $2,780/mo rent with a $2,570/mo payment. Total monthly income totals $2,780/mo. ROI tracks 15.32% on current figures, and rental yield reads 6.35% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 78.73% and total cumulative return in cash sums $135,993. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,780/mo property income instead of your personal income.
Single Family
Built in N/A
5 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A