69376 Sundance DrEdwardsburgMI49112
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 69376 Sundance Dr, Edwardsburg, MI, 49112 in Edwardsburg speaks for itself: 17.36% gross on a $485,000 price, generating $7,018/mo in rent and $3,819/mo in net income after the $2,181/mo debt service. DSCR 3.22, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $45,831 stacks alongside $133,997 in projected five-year appreciation and $4,467/yr in principal reduction. Projected total cumulative return: $430,569.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.4% | 6.2% |
| Monthly Cash Flow | $3,819 | $400 |
City averages based on Edwardsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,018 |
| Total Monthly Debt Service | $3,005 |
| DSCR Ratio | 2.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
0.46 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
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
Single Family
Built in 2004
0.46 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices