503 W Gilson StEdmoreMI48829
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Edmore rentals match the income profile of 503 W Gilson St, Edmore, MI, 48829. Listed at $250,000, gross rent is $2,334/mo and net cash flow is $685/mo, a 11.2% yield well above national averages. DSCR 2.08 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $69,070 by year five with $2,303/yr in annual principal reduction, projecting $139,345 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 7.5% |
| Monthly Cash Flow | $685 | $350 |
City averages based on Edmore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,334 |
| Total Monthly Debt Service | $1,549 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48829, Edmore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 1,047 (69.0%) |
| Renter Occupied HU | 315 (20.8%) |
| Vacant Housing Units | 155 (10.2%) |
| Median Home Value | $169,929 |
| Average Home Value | $196,390 |
Housing Distribution
Address Breakdown
Residential
1,194
Single Family
1,170
Multi-Family
24
Businesses
102
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
Single Family
Built in 1958
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48829, Edmore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 1,047 (69.0%) |
| Renter Occupied HU | 315 (20.8%) |
| Vacant Housing Units | 155 (10.2%) |
| Median Home Value | $169,929 |
| Average Home Value | $196,390 |
Housing Distribution
Address Breakdown
Residential
1,194
Single Family
1,170
Multi-Family
24
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices