1651 N Edon RdAllenMI49227
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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 Allen at 1651 N Edon Rd, Allen, MI, 49227 listed at $294,500 pairs $1,456/mo rent with a $1,441/mo payment. Total monthly income runs $1,456/mo. Return on cash invested measures 13.94% in year one, and rental yield registers 5.93% at a $294,500 basis. Equity gained on principal adds $1,900/yr, and annual property appreciation at 5% supports $81,365 by year five. Five-year ROI tracks 71.39% and total cumulative return in cash totals $69,697. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,456/mo property income relative to a $1,441/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49227, Allen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 585 (100%) |
| Owner Occupied HU | 442 (75.6%) |
| Renter Occupied HU | 90 (15.4%) |
| Vacant Housing Units | 53 ( 9.1%) |
| Median Home Value | $189,063 |
| Average Home Value | $233,643 |
Housing Distribution
Address Breakdown
Residential
490
Single Family
490
Multi-Family
0
Businesses
19
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