Manorwood Cir #PT5NQOBenton HarborMI49022
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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
Investment property for sale in Benton Harbor at Manorwood Cir #PT5NQO, Benton Harbor, MI, 49022 uses $89,339 cash to close to unlock $15,118/yr annual cash flow and $1,260/mo monthly cash flow. Total monthly income runs $3,037/mo, and a $1,319/mo payment keeps the spread at $1,260/mo. Purchase price stands at $269,500, and rental yield measures 13.52% with $3,037/mo rent. Return on cash invested shows 36.83% in year one, and 5% annual appreciation builds toward $74,458 over five years. Five-year ROI reaches 194.11% and total cumulative return in cash records $173,412. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,037/mo property income covering a $1,319/mo payment rather than investor’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49022, Benton Harbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,018 (100%) |
| Owner Occupied HU | 7,228 (51.6%) |
| Renter Occupied HU | 5,089 (36.3%) |
| Vacant Housing Units | 1,701 (12.1%) |
| Median Home Value | $200,743 |
| Average Home Value | $271,485 |
Housing Distribution
Address Breakdown
Residential
13,082
Single Family
11,575
Multi-Family
1,507
Businesses
1,037
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Listed by: N/A • N/A
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Mls ID: #N/A