68434 Dailey RdEdwardsburgMI49112
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 Edwardsburg at 68434 Dailey Rd, Edwardsburg, MI, 49112 generates $3,120/mo in rent and, after a $1,857/mo payment, leaves $618/mo in cash flow. Total monthly income is $3,120/mo, and annual cash flow is $7,414/yr on $125,804 invested. Return on cash invested sits at 25.8% in year one, and rental yield is 9.87% on a $379,500 entry. Equity gained on principal adds $2,449/yr, while 5% annual appreciation builds toward $104,849 over five years. Five-year ROI reaches 134.96% and total cumulative return in cash sums $169,788. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1,306 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 |
Housing Distribution
Address Breakdown
Residential
4,449
Single Family
4,409
Multi-Family
40
Businesses
239
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Listed by: Diane T Bennett • Inspired Homes, LLC
Mls Name: MichRIC
Mls ID: #25042642