3472 Morrish RdSwartz CreekMI48473
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
Rental property for sale in Swartz Creek at 3472 Morrish Rd, Swartz Creek, MI, 48473 priced at $183,000 pairs $1,572/mo rent with $365/mo cash flow after a $896/mo payment. Total monthly income equals $1,572/mo, and annual cash flow comes to $4,379/yr on $60,665 invested. Return on cash invested is 27.13% in year one, and rental yield stands at 10.31% on a $183,000 basis. Equity gained on principal adds $1,181/yr, and 5% annual appreciation accumulates to $50,560 by year five. Five-year ROI measures 142.08% and total cumulative return in cash reaches $86,195. For financing, Ziffy Mortgage’s DSCR program evaluates $1,572/mo property income against a $896/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48473, Swartz Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,182 (100%) |
| Owner Occupied HU | 7,490 (81.6%) |
| Renter Occupied HU | 1,357 (14.8%) |
| Vacant Housing Units | 335 ( 3.6%) |
| Median Home Value | $226,477 |
| Average Home Value | $241,027 |
Housing Distribution
Address Breakdown
Residential
9,444
Single Family
8,912
Multi-Family
532
Businesses
349
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Listed by: Michael A Herriman • Keller Williams First
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50174970
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