4850 H Dr SEast LeroyMI49051
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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
Investment property for sale in East Leroy at 4850 H Dr S, East Leroy, MI, 49051 listed at $100,000 pairs $782/mo rent with a $489/mo payment to leave $123/mo cash flow. Total monthly income runs $782/mo, and annual cash flow reaches $1,476/yr on $33,150 cash to close. Return on cash invested measures 24.36% in year one, and rental yield registers 9.38% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 127.22% and total cumulative return in cash totals $42,172. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $782/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1972
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49051, East Leroy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 923 (100%) |
| Owner Occupied HU | 837 (90.7%) |
| Renter Occupied HU | 59 ( 6.4%) |
| Vacant Housing Units | 27 ( 2.9%) |
| Median Home Value | $281,459 |
| Average Home Value | $320,872 |
Housing Distribution
Address Breakdown
Residential
971
Single Family
970
Multi-Family
1
Businesses
34
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Listed by: Cedric W Wicks • Five Star Real Estate
Mls Name: MichRIC
Mls ID: #26002943