1651 150th AveMorleyMI49336
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1651 150th Ave, Morley, MI, 49336 in Morley is a solid income-producing rental, 9.28% gross yield, $3,074/mo rent, $453/mo net cash flow on a $397,500 buy. DSCR 1.72 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $109,822 and $3,661/yr in principal reduction project a total cumulative return of $180,617.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.2% |
| Monthly Cash Flow | $453 | $450 |
City averages based on Morley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,074 |
| Total Monthly Debt Service | $2,463 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2012
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49336, Morley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,690 (100%) |
| Owner Occupied HU | 1,293 (76.5%) |
| Renter Occupied HU | 202 (12.0%) |
| Vacant Housing Units | 195 (11.5%) |
| Median Home Value | $168,695 |
| Average Home Value | $190,775 |
Housing Distribution
Address Breakdown
Residential
1,620
Single Family
1,620
Multi-Family
0
Businesses
44
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
Single Family
Built in 2012
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49336, Morley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,690 (100%) |
| Owner Occupied HU | 1,293 (76.5%) |
| Renter Occupied HU | 202 (12.0%) |
| Vacant Housing Units | 195 (11.5%) |
| Median Home Value | $168,695 |
| Average Home Value | $190,775 |
Housing Distribution
Address Breakdown
Residential
1,620
Single Family
1,620
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
