10751 S Edon RdCamdenMI49232
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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
Investment Highlights
Investment property for sale in Camden at 10751 S Edon Rd, Camden, MI, 49232 offers a 11.78% rental yield on a $195,000 purchase with $1,915/mo rent. Total monthly income registers $1,915/mo, and a $954/mo payment leaves $630/mo available for distribution. Annual cash flow reaches $7,554/yr on $64,643 to close, and return on cash invested stands at 31.59% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 166.07% and total cumulative return in cash at $107,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,915/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49232, Camden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,280 (100%) |
| Owner Occupied HU | 859 (67.1%) |
| Renter Occupied HU | 125 ( 9.8%) |
| Vacant Housing Units | 296 (23.1%) |
| Median Home Value | $219,860 |
| Average Home Value | $248,577 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
1,124
Multi-Family
0
Businesses
39
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