4510 Medler DrMorleyMI49336
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 Morley at 4510 Medler Dr, Morley, MI, 49336 generates $1,973/mo in rent, after a $1,610/mo payment. Total monthly income is $1,973/mo. Return on cash invested sits at 17.75% in year one, and rental yield is 7.2% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 91.8% and total cumulative return in cash sums $100,125. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,973/mo property income rather than buyer’s personal income.
Manufactured
Built in 2019
1.90 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices