264 N Cass StMorleyMI49336
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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
Rental property for sale in Morley at 264 N Cass St, Morley, MI, 49336 offers $1,670/mo rent that, after a $1,003/mo payment, leaves $319/mo cash flow. Total monthly income is $1,670/mo, and annual cash flow is $3,822/yr on $67,958 cash. Return on cash invested measures 25.53% in year one, and rental yield stands at 9.78% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 133.56% and total cumulative return in cash reaches $90,762. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,670/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
9,583 sqft 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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