2082 W Stanley RdMount MorrisMI48458
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
Investment property for sale in Mount Morris at 2082 W Stanley Rd, Mount Morris, MI, 48458 at $224,900 posts ROI 26.63% with $418/mo cash flow from $1,901/mo rent. Total monthly income equals $1,901/mo, and annual cash flow records $5,012/yr on $74,554 to close. Return on cash invested measures 26.63% and rental yield reads 10.14% at the current $224,900. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 by year five. Five-year ROI prints 139.44% and total cumulative return in cash totals $103,957.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,901/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48458, Mount Morris, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,202 (100%) |
| Owner Occupied HU | 5,702 (62.0%) |
| Renter Occupied HU | 2,454 (26.7%) |
| Vacant Housing Units | 1,046 (11.4%) |
| Median Home Value | $111,359 |
| Average Home Value | $156,507 |
Housing Distribution
Address Breakdown
Residential
8,037
Single Family
6,871
Multi-Family
1,166
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Armor • Fathom Realty MI LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24049935
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.