4871 Murray LnEast JordanMI49727
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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 East Jordan at 4871 Murray Ln, East Jordan, MI, 49727 generates $2,219/mo in rent, after a $2,936/mo payment. Total monthly income is $2,219/mo. Return on cash invested sits at 9.5% in year one, and rental yield is 4.44% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 47.54% and total cumulative return in cash sums $93,832. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,219/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49727, East Jordan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,429 (100%) |
| Owner Occupied HU | 2,638 (59.6%) |
| Renter Occupied HU | 449 (10.1%) |
| Vacant Housing Units | 1,342 (30.3%) |
| Median Home Value | $244,164 |
| Average Home Value | $346,946 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,607
Multi-Family
138
Businesses
177
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Listed by: Jonathan Crane • Berkshire Hathaway Homeservices - TC
Mls Name: NGLRMLS
Mls ID: #1940491