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1181 Oleander Dr, Mount Morris, MI, 48458

4beds
2baths
1,056sqft
$69,000
$65price/sqft
$680/moest. monthly cost
$27,200/yrincome needed

About This Home

Income Producing Property Investor special! Tenant-occupied 4-bedroom, 1.5-bath home generating rental income. Spacious layout with large living area, multiple bedrooms, and functional kitchen. Ideal opportunity for investors seeking a cash-flowing property with immediate occupancy. Convenient location near shopping, schools, and major routes. Contact listing agent for showings.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

5/10
Dailey Elementary SchoolGrades PK-70.7 mi
2/10
Beecher High SchoolGrades 7-120.8 mi

Construction

Condition

  • Year built: 1962

Materials

  • Foundation: Basement
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom1

  • Level: Entry
  • Area: 72

Bedroom1

  • Level: First
  • Area: 100

Bedroom2

  • Level: First
  • Area: 81

Bedroom3

  • Level: First
  • Area: 132

Bedroom4

  • Level: First
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,056

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 1,056
  • Total interior livable area: 1,056 sqft

Kitchen

  • Level: Entry
  • Area: 210

Living Room

  • Level: Entry
  • Area: 180

Property

Details

  • Parcel number: 1413582065
  • Special condition: Private

Features

  • Levels: One
  • Stories: 1
  • Frontage type: Road
  • Frontage length: 0

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 0

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Lightning
Strong Wind

FEMA Declared Disasters in Genesee County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $348$4,176
Home Insurance *$73$876
Property Taxes $71$852
Electricity $188$2,259
Total$680$8,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,314/yr
40% on housing$20,400/yr
45% on housing$18,133/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$65This listing

vs Other Active Listings

Avg $/sqft

ZIP 48458$66
Genesee County$102

vs Homes Sold Last Month

Median $/sqft

ZIP 48458$113
Genesee County$122

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-16Listed for sale$69,000
2026-01-01Listing removed$79,000
2024-11-26Listed for sale$79,000
2024-01-31Listing removed--
2023-12-15Listed for rent$950
2006-07-11Sold$67,500
2006-03-08Sold$14,100
2004-11-17Sold$68,314
1999-10-20Sold$51,900
1998-11-16Sold$18,000

For Sale by Agent

AgentMichael A Kennedy
BrokerageERA Prime Real Estate Group

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