69376 Sundance DrEdwardsburgMI49112
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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
Investment property for sale in Edwardsburg at 69376 Sundance Dr, Edwardsburg, MI, 49112 earns $3,820/mo cash flow from $7,018/mo rent with a $2,374/mo payment. Total monthly income totals $7,018/mo, and annual cash flow totals $45,834/yr on $160,778 capital. ROI tracks 48.42% on current figures, and rental yield reads 17.36% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 256.25% and total cumulative return in cash sums $411,998. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,018/mo property income instead of your personal income.
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
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Listed by: Terri J Parrish • Coldwell Banker Real Estate Group
Mls Name: MichRIC
Mls Provider:
Mls ID: #24048278
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.