24923 Sandy Beach DrEdwardsburgMI49112
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 24923 Sandy Beach Dr, Edwardsburg, MI, 49112 offers a 9.56% rental yield on a $165,000 purchase with $1,314/mo rent. Total monthly income registers $1,314/mo, and a $808/mo payment leaves $226/mo available for distribution. Annual cash flow reaches $2,706/yr on $54,698 to close, and return on cash invested stands at 24.86% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 129.96% and total cumulative return in cash at $71,087. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,314/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1986
10,454 sqft 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
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Listed by: Lisa Wright Moore • RE/MAX Modern Realty, Inc.
Mls Name: MichRIC
Mls Provider:
Mls ID: #25025190
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.