3181 Edgevale DrLambertvilleMI48144
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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 Lambertville at 3181 Edgevale Dr, Lambertville, MI, 48144 listed at $415,000 pairs $2,850/mo rent with a $2,031/mo payment to leave $114/mo cash flow. Total monthly income runs $2,850/mo, and annual cash flow reaches $1,362/yr on $137,573 cash to close. Return on cash invested measures 20.9% in year one, and rental yield registers 8.24% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 108.69% and total cumulative return in cash totals $149,529. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,850/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48144, Lambertville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 3,893 (89.0%) |
| Renter Occupied HU | 363 ( 8.3%) |
| Vacant Housing Units | 116 ( 2.7%) |
| Median Home Value | $306,585 |
| Average Home Value | $320,641 |
Housing Distribution
Address Breakdown
Residential
4,209
Single Family
4,151
Multi-Family
58
Businesses
326
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Listed by: Libby Wensink • Serenity Realty LLC
Mls Name: MiRealSource
Mls ID: #50192390