832 E Main St, Benton Harbor, MI, 49022 | $256/mo Cash Flow

For Sale

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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 Benton Harbor at 832 E Main St, Benton Harbor, MI, 49022 priced at $197,000 pairs $1,555/mo rent with $256/mo cash flow after a $964/mo payment. Total monthly income equals $1,555/mo, and annual cash flow comes to $3,073/yr on $65,306 invested. Return on cash invested is 24.61% in year one, and rental yield stands at 9.47% on a $197,000 basis. Equity gained on principal adds $1,271/yr, and 5% annual appreciation accumulates to $54,427 by year five. Five-year ROI measures 128.67% and total cumulative return in cash reaches $84,026. For financing, Ziffy Mortgage’s DSCR program evaluates $1,555/mo property income against a $964/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1932

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49022, Benton Harbor, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,018 (100%)
Owner Occupied HU	7,228 (51.6%)
Renter Occupied HU	5,089 (36.3%)
Vacant Housing Units	1,701 (12.1%)
Median Home Value	$200,743
Average Home Value	$271,485