2239 E Mount Morris 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 2239 E Mount Morris Rd, Mount Morris, MI, 48458 at $152,500 posts ROI 23.53% with $153/mo cash flow from $1,158/mo rent. Total monthly income equals $1,158/mo, and annual cash flow records $1,833/yr on $50,554 to close. Return on cash invested measures 23.53% and rental yield reads 9.11% at the current $152,500. Equity gained on principal adds $984/yr, and 5% annual appreciation supports $42,133 by year five. Five-year ROI prints 122.84% and total cumulative return in cash totals $62,099.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,158/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
0.46 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
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Nearby investment properties with comparable prices
Listed by: Jason McConnell • Century 21 Signature Realty
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50167320
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