68149 Lawndale St, Edwardsburg, MI, 49112 | $583/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2323 sft

2706 Berkey Ave, Goshen, IN, 46526

3 Bed
2 Bath
2800 sft

1520 E Lake Dr W, Elkhart, IN, 46514

3 Bed
2 Bath
1610 sft

29595 Old Us Highway 20, Elkhart, IN, 46514

3 Bed
2 Bath
1685 sft

2548 Timberstone Dr E, Elkhart, IN, 46514

Nearby investment properties with comparable prices

3 Bed
1 Bath
804 sft

619 N Main St, Goshen, IN, 46528

1 Bed
1 Bath
1044 sft

2920 Homer Ave, Elkhart, IN, 46517

3 Bed
1 Bath
1332 sft

1405 Randolph St, South Bend, IN, 46613

3 Bed
1 Bath
960 sft

27672 Plainfield Dr, Elkhart, IN, 46514

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Edwardsburg at 68149 Lawndale St, Edwardsburg, MI, 49112 uses $62,952 cash to close to unlock $6,998/yr annual cash flow and $583/mo monthly cash flow. Total monthly income runs $1,835/mo, and a $929/mo payment keeps the spread at $583/mo. Purchase price stands at $189,900, and rental yield measures 11.6% with $1,835/mo rent. Return on cash invested shows 31.03% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 163.05% and total cumulative return in cash records $102,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,835/mo property income covering a $929/mo payment rather than investor’s personal income.

Single Family

Built in 1959

7,405 sqft 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