27532 May StEdwardsburgMI49112
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 27532 May St, Edwardsburg, MI, 49112 uses $91,163 cash to close to unlock $3,342/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,092/mo, and a $1,346/mo payment keeps the spread at $279/mo. Purchase price stands at $275,000, and rental yield measures 9.13% with $2,092/mo rent. Return on cash invested shows 23.57% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 123.05% and total cumulative return in cash records $112,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,092/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.46 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerry Bolock • Coldwell Banker Real Estate Group
Mls Name: MichRIC
Mls ID: #25043536