1080 Eagle Point RdClarklakeMI49234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clarklake at 1080 Eagle Point Rd, Clarklake, MI, 49234 at $760,000 posts ROI 10.07% with from $2,931/mo rent. Total monthly income equals $2,931/mo. Return on cash invested measures 10.07% and rental yield reads 4.63% at the current $760,000. Equity gained on principal adds $4,904/yr, and 5% annual appreciation supports $209,974 by year five. Five-year ROI prints 50.59% and total cumulative return in cash totals $126,505. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,931/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49234, Clarklake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 1,033 (73.9%) |
| Renter Occupied HU | 119 ( 8.5%) |
| Vacant Housing Units | 245 (17.5%) |
| Median Home Value | $295,833 |
| Average Home Value | $388,889 |
Housing Distribution
Address Breakdown
Residential
1,287
Single Family
1,287
Multi-Family
0
Businesses
80
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Nearby investment properties with comparable prices
