1750 Morrison RdRose CityMI48654
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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 Rose City at 1750 Morrison Rd, Rose City, MI, 48654 generates $2,528/mo in rent and, after a $1,322/mo payment, leaves $747/mo in cash flow. Total monthly income is $2,528/mo, and annual cash flow is $8,964/yr on $89,505 invested. Return on cash invested sits at 29.92% in year one, and rental yield is 11.24% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 157.07% and total cumulative return in cash sums $140,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,528/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
12.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48654, Rose City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,901 (100%) |
| Owner Occupied HU | 856 (45.0%) |
| Renter Occupied HU | 164 ( 8.6%) |
| Vacant Housing Units | 881 (46.3%) |
| Median Home Value | $170,221 |
| Average Home Value | $200,870 |
Housing Distribution
Address Breakdown
Residential
973
Single Family
957
Multi-Family
16
Businesses
112
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Nearby investment properties with comparable prices
Listed by: Lisa Scofield • SCOFIELD REAL ESTATE LLC
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1921261
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.