8915 Maplewood DrBerrien SpringsMI49103
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
Investment property for sale in Berrien Springs at 8915 Maplewood Dr, Berrien Springs, MI, 49103 earns $2,288/mo cash flow from $4,760/mo rent with a $1,835/mo payment. Total monthly income totals $4,760/mo, and annual cash flow totals $27,450/yr on $124,313 capital. ROI tracks 41.99% on current figures, and rental yield reads 15.23% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 221.79% and total cumulative return in cash sums $275,715. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,760/mo property income instead of your personal income.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49103, Berrien Springs, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,038 (100%) |
| Owner Occupied HU | 2,865 (56.9%) |
| Renter Occupied HU | 1,533 (30.4%) |
| Vacant Housing Units | 640 (12.7%) |
| Median Home Value | $273,124 |
| Average Home Value | $318,962 |
Housing Distribution
Address Breakdown
Residential
4,559
Single Family
4,413
Multi-Family
146
Businesses
294
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Jardine • @properties Christie's International R.E.
Mls Name: MichRIC
Mls Provider:
Mls ID: #24028441
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.