B1 N Bailey Ave, South Haven, MI, 49090 | 6.92% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1786 sft

The Holland Plan, Build Your Future, Traverse City, MI, 49684

3 Bed
2 Bath
1910 sft

The Bayview Plan, Build Your Future, Traverse City, MI, 49684

3 Bed
2 Bath
1421 sft

The Greenfield Plan, Build Your Future, Traverse City, MI, 49684

3 Bed
2 Bath
1500 sft

Indigo Bay Plan, Build Your Future, Traverse City, MI, 49684

Nearby investment properties with comparable prices

4 Bed
2 Bath
1706 sft

5385 M 63 N, Coloma, MI, 49038

3 Bed
2 Bath
1649 sft

1769 Maple Ln, Benton Harbor, MI, 49022

Currently Rented+ 3 more

2 Bed
2 Bath
1360 sft

7131 Ridgeway St, Fennville, MI, 49408

2 Bed
2 Bath
1584 sft

278 Brockway Ave, South Haven, MI, 49090

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 B1 N Bailey Ave, South Haven, MI, 49090 generates $3,217/mo in rent, after a $2,729/mo payment. Total monthly income is $3,217/mo. Return on cash invested sits at 17.05% in year one, and rental yield is 6.92% on a $557,600 entry. Equity gained on principal adds $3,598/yr, while 5% annual appreciation builds toward $154,055 over five years. Five-year ROI reaches 88.05% and total cumulative return in cash sums $161,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,217/mo property income rather than buyer’s personal income.

Home Type Unknown

Built in N/A

N/A lot

$N/A/sqft

No HOA