442 Beach StMount MorrisMI48458
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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 Mount Morris at 442 Beach St, Mount Morris, MI, 48458 priced at $148,900 pairs $976/mo rent with after a $729/mo payment. Total monthly income equals $976/mo. Return on cash invested is 19.76% in year one, and rental yield stands at 7.87% on a $148,900 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,138 by year five. Five-year ROI measures 102.59% and total cumulative return in cash reaches $50,637. For financing, Ziffy Mortgage’s DSCR program evaluates $976/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
7,405 sqft 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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Listed by: Michael A Sanchez • REMAX Edge
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50174054
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