16381 W Howard City Edmore Rd, Howard City, MI, 49329 | $168/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Howard City at 16381 W Howard City Edmore Rd, Howard City, MI, 49329 uses $86,190 cash to close to unlock $2,016/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,883/mo, and a $1,273/mo payment keeps the spread at $168/mo. Purchase price stands at $260,000, and rental yield measures 8.69% with $1,883/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 115.91% and total cumulative return in cash records $99,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,883/mo property income covering a $1,273/mo payment rather than investor’s personal income.

Single Family

Built in 1997

1.24 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49329, Howard City, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,541 (100%)
Owner Occupied HU	2,849 (80.5%)
Renter Occupied HU	403 (11.4%)
Vacant Housing Units	289 ( 8.2%)
Median Home Value	$226,108
Average Home Value	$242,401