8164 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
Rental property for sale in Mount Morris at 8164 Neff Rd, Mount Morris, MI, 48458 generates $1,274/mo in rent and, after a $832/mo payment, leaves $153/mo in cash flow. Total monthly income is $1,274/mo, and annual cash flow is $1,838/yr on $56,322 invested. Return on cash invested sits at 23.17% in year one, and rental yield is 9% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 120.98% and total cumulative return in cash sums $68,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,274/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.34 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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Listed by: Gjon Shkreli • Epique Inc.
Mls Name: MiRealSource
Mls ID: #50189648