3215 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 3215 Edgevale Dr, Lambertville, MI, 48144 offers a 6.83% rental yield on a $849,900 purchase with $4,836/mo rent. 76% in year one. Equity gained on principal adds $5,484/yr while 5% annual appreciation supports $234,812 over five years. Portfolio math shows five-year ROI at 86.47% and total cumulative return in cash at $241,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,836/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
1.22 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: Collin Shopshear • Thrive Realty Company
Mls Name: Realcomp II
Mls ID: #20251028951