A1 Bailey Ave, South Haven, MI, 49090 | 3.51% Rental Yield

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2142 sft

47727 Baseline Rd, Grand Junction, MI, 49056

3 Bed
4 Bath
2690 sft

6639 Bandle St, Saugatuck, MI, 49453

Rental Income+ 1 more

4 Bed
3 Bath
3687 sft

6115 Masters Ln #54, Saugatuck, MI, 49453

4 Bed
3 Bath
2311 sft

22 Grand Blvd, South Haven, MI, 49090

Nearby investment properties with comparable prices

3 Bed
4 Bath
3826 sft

477 S Union St, Douglas, MI, 49406

7 Bed
5 Bath
4018 sft

54886 Butcher Rd, Lawrence, MI, 49064

4 Bed
3 Bath
2142 sft

910 Adams Rd, South Haven, MI, 49090

4 Bed
3 Bath
2950 sft

PARCEL 1 66th 135th Holland St, Saugatuck, MI, 49453

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in South Haven at A1 Bailey Ave, South Haven, MI, 49090 priced at $1,200,000 pairs $3,514/mo rent with after a $5,873/mo payment. Total monthly income equals $3,514/mo. Return on cash invested is 6.18% in year one, and rental yield stands at 3.51% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 29.86% and total cumulative return in cash reaches $116,087. For financing, Ziffy Mortgage’s DSCR program evaluates $3,514/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 2024

N/A lot

$N/A/sqft

$200 monthly HOA