69674 Adamsville 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 69674 Adamsville Rd, Edwardsburg, MI, 49112 generates $1,802/mo in rent and, after a $1,174/mo payment, leaves $220/mo in cash flow. Total monthly income is $1,802/mo, and annual cash flow is $2,642/yr on $79,527 invested. Return on cash invested sits at 23.23% in year one, and rental yield is 9.01% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 121.24% and total cumulative return in cash sums $96,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,802/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.29 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
Listed by: Jerry Bolock • Coldwell Banker Real Estate Group
Mls Name: MichRIC
Mls ID: #25046210