8148 M 62Berrien 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
Rental property for sale in Berrien Center at 8148 M 62, Berrien Center, MI, 49102 generates $2,287/mo in rent, after a $2,716/mo payment. Total monthly income is $2,287/mo. Return on cash invested sits at 11.04% in year one, and rental yield is 4.94% on a $555,000 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 55.79% and total cumulative return in cash sums $101,876. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,287/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
30 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: Maxwell Wierda • TERRAQUEST REAL ESTATE & LAND COMPANY
Mls Name: MichRIC
Mls Provider:
Mls ID: #25006839
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.