21799 One Mile RdMorleyMI49336
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 Morley at 21799 One Mile Rd, Morley, MI, 49336 offers a 9.77% rental yield on a $250,000 purchase with $2,036/mo rent. Total monthly income registers $2,036/mo, and a $1,224/mo payment leaves $387/mo available for distribution. Annual cash flow reaches $4,644/yr on $82,875 to close, and return on cash invested stands at 25.51% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 133.4% and total cumulative return in cash at $110,554. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,036/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
10.14 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