66291 M 62EdwardsburgMI49112
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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 Edwardsburg at 66291 M 62, Edwardsburg, MI, 49112 uses $103,329 cash to close to unlock $8,641/yr annual cash flow and $720/mo monthly cash flow. Total monthly income runs $2,776/mo, and a $1,526/mo payment keeps the spread at $720/mo. Purchase price stands at $311,700, and rental yield measures 10.69% with $2,776/mo rent. Return on cash invested shows 28.27% in year one, and 5% annual appreciation builds toward $86,117 over five years. Five-year ROI reaches 148.27% and total cumulative return in cash records $153,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,776/mo property income covering a $1,526/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49112, Edwardsburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,778 (100%) |
| Owner Occupied HU | 3,632 (76.0%) |
| Renter Occupied HU | 740 (15.5%) |
| Vacant Housing Units | 406 ( 8.5%) |
| Median Home Value | $262,234 |
| Average Home Value | $312,079 |
Housing Distribution
Address Breakdown
Residential
4,449
Single Family
4,409
Multi-Family
40
Businesses
239
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Listed by: N/A • N/A
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