69903 Five Points 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 69903 Five Points Rd, Edwardsburg, MI, 49112 generates $7,891/mo in rent and, after a $2,740/mo payment, leaves $4,199/mo in cash flow. Total monthly income is $7,891/mo, and annual cash flow is $50,390/yr on $184,207 invested. Return on cash invested sits at 47.42% in year one, and rental yield is 16.91% on a $559,900 entry. Equity gained on principal adds $3,613/yr, while 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 250.86% and total cumulative return in cash sums $462,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,891/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
7.95 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: Kelly Toney • Cressy & Everett Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #24035061
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.