521 Edward StMiddlevilleMI49333
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
Rental property for sale in Middleville at 521 Edward St, Middleville, MI, 49333 priced at $324,900 pairs $2,934/mo rent with $792/mo cash flow after a $1,590/mo payment. Total monthly income equals $2,934/mo, and annual cash flow comes to $9,500/yr on $107,704 invested. Return on cash invested is 28.73% in year one, and rental yield stands at 10.84% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 150.68% and total cumulative return in cash reaches $162,293. For financing, Ziffy Mortgage’s DSCR program evaluates $2,934/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
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Listed by: Lance J Markoski • 616 Realty LLC
Mls Name: MichRIC
Mls ID: #25033296