9215 1st StBerrien 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 9215 1st St, Berrien Springs, MI, 49103 offers a 14.81% rental yield on a $255,000 purchase with $3,148/mo rent. Total monthly income registers $3,148/mo, and a $1,248/mo payment leaves $1,467/mo available for distribution. Annual cash flow reaches $17,598/yr on $84,533 to close, and return on cash invested stands at 40.73% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 215.02% and total cumulative return in cash at $181,760. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,148/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
1 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: Howard McLauchlin • McLauchlin Realty, Inc.
Mls Name: MichRIC
Mls Provider:
Mls ID: #24047745
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








