Elements 2700 Plan, Lake HavenBridgmanMI49106
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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
Rental property for sale in Bridgman at Elements 2700 Plan, Lake Haven, Bridgman, MI, 49106 priced at $454,900 converts $3,746/mo rent into $746/mo cash flow after a $2,227/mo obligation. Total monthly income equals $3,746/mo, and annual cash flow totals $8,948/yr on $150,799 invested. Return on cash invested prints 25.84% in year one, and rental yield reads 9.88% against a $454,900 entry. Equity gained on principal adds $2,935/yr, while 5% annual appreciation compiles into $125,680 by year five. Five-year ROI reaches 135.2% and total cumulative return in cash sums $203,876. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,746/mo property income covering a $2,227/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49106, Bridgman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,461 (65.8%) |
| Renter Occupied HU | 372 (16.8%) |
| Vacant Housing Units | 387 (17.4%) |
| Median Home Value | $296,944 |
| Average Home Value | $355,914 |
Housing Distribution
Address Breakdown
Residential
2,215
Single Family
2,066
Multi-Family
149
Businesses
156
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