18890 W Howard City Edmore RdHoward CityMI49329
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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 Howard City at 18890 W Howard City Edmore Rd, Howard City, MI, 49329 listed at $159,900 pairs $1,222/mo rent with a $783/mo payment to leave $167/mo cash flow. Total monthly income runs $1,222/mo, and annual cash flow reaches $2,006/yr on $53,007 cash to close. Return on cash invested measures 23.69% in year one, and rental yield registers 9.17% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 123.75% and total cumulative return in cash totals $65,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,222/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
1.25 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 |
Housing Distribution
Address Breakdown
Residential
3,350
Single Family
3,287
Multi-Family
63
Businesses
168
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Listed by: David K DeYoung • Coldwell Banker Woodland Schmidt
Mls Name: MichRIC
Mls ID: #26000675