1006 Murray DrTecumsehMI49286
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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
Rental property for sale in Tecumseh at 1006 Murray Dr, Tecumseh, MI, 49286 generates $1,704/mo in rent and, after a $1,052/mo payment, leaves $287/mo in cash flow. Total monthly income is $1,704/mo, and annual cash flow is $3,438/yr on $71,273 invested. Return on cash invested sits at 24.73% in year one, and rental yield is 9.51% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 129.26% and total cumulative return in cash sums $92,125. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,704/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49286, Tecumseh, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,681 (100%) |
| Owner Occupied HU | 5,228 (78.3%) |
| Renter Occupied HU | 1,085 (16.2%) |
| Vacant Housing Units | 368 ( 5.5%) |
| Median Home Value | $242,452 |
| Average Home Value | $272,261 |
Housing Distribution
Address Breakdown
Residential
6,441
Single Family
6,049
Multi-Family
392
Businesses
453
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