20370 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
Rental property for sale in Howard City at 20370 W Howard City Edmore Rd, Howard City, MI, 49329 generates $1,804/mo in rent and, after a $1,076/mo payment, leaves $354/mo in cash flow. Total monthly income is $1,804/mo, and annual cash flow is $4,250/yr on $72,897 invested. Return on cash invested sits at 25.74% in year one, and rental yield is 9.84% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 134.68% and total cumulative return in cash sums $98,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,804/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1.56 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: John D DeBlaay • City2Shore Real Estate Foundations
Mls Name: MichRIC
Mls ID: #25047602