4971 Morrice RdWebbervilleMI48892
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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
Investment property for sale in Webberville at 4971 Morrice Rd, Webberville, MI, 48892 offers a 6.59% rental yield on a $449,500 purchase with $2,470/mo rent. 93% in year one. Equity gained on principal adds $2,901/yr while 5% annual appreciation supports $124,189 over five years. Portfolio math shows five-year ROI at 82.02% and total cumulative return in cash at $122,225. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,470/mo property income against a $2,200/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48892, Webberville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,774 (100%) |
| Owner Occupied HU | 1,466 (82.6%) |
| Renter Occupied HU | 239 (13.5%) |
| Vacant Housing Units | 69 ( 3.9%) |
| Median Home Value | $261,180 |
| Average Home Value | $335,373 |
Housing Distribution
Address Breakdown
Residential
1,672
Single Family
1,672
Multi-Family
0
Businesses
84
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Listed by: Laura Ann DeLong • DeLong and Co.
Mls Name: Greater Lansing AOR
Mls ID: #292774