1840 Munger RdLeveringMI49755
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 Levering at 1840 Munger Rd, Levering, MI, 49755 priced at $182,500 pairs $3,146/mo rent with $1,943/mo cash flow after a $893/mo payment. Total monthly income equals $3,146/mo, and annual cash flow comes to $23,313/yr on $60,499 invested. Return on cash invested is 58.44% in year one, and rental yield stands at 20.69% on a $182,500 basis. Equity gained on principal adds $1,178/yr, and 5% annual appreciation accumulates to $50,421 by year five. Five-year ROI measures 310.02% and total cumulative return in cash reaches $187,558. For financing, Ziffy Mortgage’s DSCR program evaluates $3,146/mo property income against a $893/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49755, Levering, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,371 (100%) |
| Owner Occupied HU | 753 (54.9%) |
| Renter Occupied HU | 116 ( 8.5%) |
| Vacant Housing Units | 502 (36.6%) |
| Median Home Value | $257,886 |
| Average Home Value | $318,310 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
11
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