B1 N Bailey AveSouth HavenMI49090
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingB1 N Bailey Ave, South Haven, MI, 49090 in South Haven is a stable, well-positioned rental at $557,600. Rental yield 6.92%. DSCR 1.28 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $154,055 in value and $5,136/yr in principal paydown builds equity, a total projected return of $182,885.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 7.0% |
| Monthly Cash Flow | $(460) | $800 |
City averages based on South Haven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,217 |
| Total Monthly Debt Service | $3,455 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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