124 N 5th StEdmoreMI48829
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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 Edmore at 124 N 5th St, Edmore, MI, 48829 earns $1,470/mo cash flow from $2,591/mo rent with a $832/mo payment. Total monthly income totals $2,591/mo, and annual cash flow totals $17,640/yr on $56,355 capital. ROI tracks 51.21% on current figures, and rental yield reads 18.29% at a $169,999 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 271.23% and total cumulative return in cash sums $152,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,591/mo property income instead of your personal income.
Single Family
Built in 1900
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48829, Edmore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 1,047 (69.0%) |
| Renter Occupied HU | 315 (20.8%) |
| Vacant Housing Units | 155 (10.2%) |
| Median Home Value | $169,929 |
| Average Home Value | $196,390 |
Housing Distribution
Address Breakdown
Residential
1,194
Single Family
1,170
Multi-Family
24
Businesses
102
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