5750 M 66East LeroyMI49051
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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 East Leroy at 5750 M 66, East Leroy, MI, 49051 earns $561/mo cash flow from $2,342/mo rent with a $1,322/mo payment. Total monthly income totals $2,342/mo, and annual cash flow totals $6,732/yr on $89,505 capital. ROI tracks 27.43% on current figures, and rental yield reads 10.41% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 143.7% and total cumulative return in cash sums $128,617. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,342/mo property income instead of your personal income.
Single Family
Built in 1930
1.48 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: Evan Miller • eXp Realty, LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24035949
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.