7363 Neff RdMount MorrisMI48458
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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 Mount Morris at 7363 Neff Rd, Mount Morris, MI, 48458 at $299,900 posts ROI 10.12% with from $1,167/mo rent. Total monthly income equals $1,167/mo. Return on cash invested measures 10.12% and rental yield reads 4.67% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 50.93% and total cumulative return in cash totals $50,632. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,167/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1995
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48458, Mount Morris, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,202 (100%) |
| Owner Occupied HU | 5,702 (62.0%) |
| Renter Occupied HU | 2,454 (26.7%) |
| Vacant Housing Units | 1,046 (11.4%) |
| Median Home Value | $111,359 |
| Average Home Value | $156,507 |
Housing Distribution
Address Breakdown
Residential
8,037
Single Family
6,871
Multi-Family
1,166
Businesses
312
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Nearby investment properties with comparable prices
Listed by: Michael J Davidson • REMAX Right Choice
Mls Name: MiRealSource
Mls ID: #50196100