18390 State Line RdEdwardsburgMI49112
Nearby investment properties with comparable rents
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 Edwardsburg at 18390 State Line Rd, Edwardsburg, MI, 49112 earns $205/mo cash flow from $1,326/mo rent with a $832/mo payment. Total monthly income totals $1,326/mo, and annual cash flow totals $2,460/yr on $56,355 capital. ROI tracks 24.27% on current figures, and rental yield reads 9.36% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 126.76% and total cumulative return in cash sums $71,433. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,326/mo property income instead of your personal income.
Manufactured
Built in 1982
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49112, Edwardsburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,778 (100%) |
| Owner Occupied HU | 3,632 (76.0%) |
| Renter Occupied HU | 740 (15.5%) |
| Vacant Housing Units | 406 ( 8.5%) |
| Median Home Value | $262,234 |
| Average Home Value | $312,079 |
Housing Distribution
Address Breakdown
Residential
4,449
Single Family
4,409
Multi-Family
40
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bradley A Hafner • Cressy & Everett Real Estate
Mls Name: MichRIC
Mls ID: #25051269