70281 Lakeview DrEdwardsburgMI49112
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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 70281 Lakeview Dr, Edwardsburg, MI, 49112 listed at $235,000 pairs $1,753/mo rent with a $1,150/mo payment to leave $204/mo cash flow. Total monthly income runs $1,753/mo, and annual cash flow reaches $2,442/yr on $77,903 cash to close. Return on cash invested measures 23.04% in year one, and rental yield registers 8.95% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 120.22% and total cumulative return in cash totals $93,652. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,753/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.31 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: Kelly Bronkema • Coldwell Banker Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25012876
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.