19520 Edgewater DrHillmanMI49746
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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 Hillman at 19520 Edgewater Dr, Hillman, MI, 49746 listed at $449,000 pairs $2,143/mo rent with a $2,198/mo payment. Total monthly income runs $2,143/mo. Return on cash invested measures 13.31% in year one, and rental yield registers 5.73% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 68% and total cumulative return in cash totals $101,212. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,143/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 2002
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49746, Hillman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,754 (100%) |
| Owner Occupied HU | 1,468 (53.3%) |
| Renter Occupied HU | 205 ( 7.4%) |
| Vacant Housing Units | 1,081 (39.3%) |
| Median Home Value | $171,314 |
| Average Home Value | $215,562 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,644
Multi-Family
42
Businesses
108
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