10147 Wellington DrClarkstonMI48348
Nearby investment properties with comparable rents
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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 Clarkston at 10147 Wellington Dr, Clarkston, MI, 48348 listed at $497,500 pairs $6,245/mo rent with a $2,435/mo payment to leave $2,939/mo cash flow. Total monthly income runs $6,245/mo, and annual cash flow reaches $35,271/yr on $164,921 cash to close. Return on cash invested measures 41.3% in year one, and rental yield registers 15.06% at a $497,500 basis. Equity gained on principal adds $3,210/yr, and annual property appreciation at 5% supports $137,450 by year five. Five-year ROI tracks 218.14% and total cumulative return in cash totals $359,763. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,245/mo property income relative to a $2,435/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.40 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48348, Clarkston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,379 (100%) |
| Owner Occupied HU | 8,668 (92.4%) |
| Renter Occupied HU | 426 ( 4.5%) |
| Vacant Housing Units | 285 ( 3.0%) |
| Median Home Value | $455,248 |
| Average Home Value | $478,258 |
Housing Distribution
Address Breakdown
Residential
9,569
Single Family
9,091
Multi-Family
478
Businesses
206
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Nearby investment properties with comparable prices
Listed by: Michael Davidson • REMAX Right Choice
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50144642
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