Elements 2390 Plan, Thomas EstatesV1pp8t Mount 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
Total monthly income runs $1,187/mo, and a $1,791/mo payment. Purchase price stands at $365,900, and rental yield measures 3.89% with $1,187/mo rent. Return on cash invested shows 7.78% in year one, and 5% annual appreciation builds toward $101,091 over five years. Five-year ROI reaches 38.33% and total cumulative return in cash records $46,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,187/mo property income covering a $1,791/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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: N/A • Allen Edwin Homes
Mls Name: Allen Edwin Homes
Mls Provider:
Mls ID: #N/A