875 E Wells St #16, South Haven, MI, 49090 | 8.55% Rental Yield

For Sale

Motivated Seller

Ziffy Mortgage

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 875 E Wells St #16, South Haven, MI, 49090 generates $1,746/mo in rent, after a $1,199/mo payment. Total monthly income is $1,746/mo. Return on cash invested sits at 19.87% in year one, and rental yield is 8.55% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 103.91% and total cumulative return in cash sums $84,396. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,746/mo property income rather than buyer’s personal income.

Manufactured

Built in 2017

1,306 sqft lot

$N/A/sqft

$1,600 annually HOA