2337 N Elm RdWebbervilleMI48892
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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 Webberville at 2337 N Elm Rd, Webberville, MI, 48892 priced at $409,900 converts $1,319/mo rent into after a $2,006/mo obligation. Total monthly income equals $1,319/mo. Return on cash invested prints 7.69% in year one, and rental yield reads 3.86% against a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation compiles into $113,248 by year five. Five-year ROI reaches 37.86% and total cumulative return in cash sums $51,448. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,319/mo property income covering a $2,006/mo payment, not borrower’s personal income.
Single Family
Built in 1995
5.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48892, Webberville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,774 (100%) |
| Owner Occupied HU | 1,466 (82.6%) |
| Renter Occupied HU | 239 (13.5%) |
| Vacant Housing Units | 69 ( 3.9%) |
| Median Home Value | $261,180 |
| Average Home Value | $335,373 |
Housing Distribution
Address Breakdown
Residential
1,672
Single Family
1,672
Multi-Family
0
Businesses
84
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Listed by: Morgan Meredith • Keller Williams Realty Lansing
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #287144
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS