1155 Edgewater TerSouth HavenMI49090
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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
Total monthly income runs $3,500/mo, and a $8,805/mo payment. Purchase price stands at $1,799,000, and rental yield measures 2.33% with $3,500/mo rent. Return on cash invested shows 3.1% in year one, and 5% annual appreciation builds toward $497,031 over five years. Five-year ROI reaches 13.17% and total cumulative return in cash records $76,749. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,500/mo property income covering a $8,805/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.80 Acres lot
$N/A/sqft
$300 annually HOA
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Nearby investment properties with comparable prices
Listed by: Andrea L Crossman • Coldwell Banker Woodland Schmidt
Mls Name: MichRIC
Mls Provider:
Mls ID: #24059645
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.