21628 ChanterelleMorleyMI49336
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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 Morley at 21628 Chanterelle, Morley, MI, 49336 generates $1,702/mo in rent and, after a $876/mo payment, leaves $522/mo in cash flow. Total monthly income is $1,702/mo, and annual cash flow is $6,260/yr on $59,339 invested. Return on cash invested sits at 30.46% in year one, and rental yield is 11.41% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 159.97% and total cumulative return in cash sums $94,923. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,702/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
2.98 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
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