27064 Curtis DrEdwardsburgMI49112
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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 Edwardsburg at 27064 Curtis Dr, Edwardsburg, MI, 49112 uses $112,677 cash to close to unlock $9,386/yr annual cash flow and $782/mo monthly cash flow. Total monthly income runs $3,024/mo, and a $1,664/mo payment keeps the spread at $782/mo. Purchase price stands at $339,900, and rental yield measures 10.68% with $3,024/mo rent. Return on cash invested shows 28.24% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 148.08% and total cumulative return in cash records $166,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,024/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2017
7,840 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: Diane T Bennett • Inspired Homes, LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24038188
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.