5423 E Howard City Edmore RdEdmoreMI48829
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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 Edmore at 5423 E Howard City Edmore Rd, Edmore, MI, 48829 listed at $335,000 pairs $1,320/mo rent with a $1,640/mo payment. Total monthly income runs $1,320/mo. Return on cash invested measures 10.3% in year one, and rental yield registers 4.73% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 51.85% and total cumulative return in cash totals $57,584. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,320/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
1.19 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
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