118 W Clark StDavisonMI48423
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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 Davison at 118 W Clark St, Davison, MI, 48423 listed at $209,900 pairs $1,420/mo rent with a $1,027/mo payment to leave $36/mo cash flow. Total monthly income runs $1,420/mo, and annual cash flow reaches $434/yr on $69,582 cash to close. Return on cash invested measures 20.53% in year one, and rental yield registers 8.12% at a $209,900 basis. Equity gained on principal adds $1,354/yr, and annual property appreciation at 5% supports $57,992 by year five. Five-year ROI tracks 106.76% and total cumulative return in cash totals $74,288. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,420/mo property income relative to a $1,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48423, Davison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,406 (100%) |
| Owner Occupied HU | 10,191 (66.1%) |
| Renter Occupied HU | 4,466 (29.0%) |
| Vacant Housing Units | 749 ( 4.9%) |
| Median Home Value | $235,172 |
| Average Home Value | $262,027 |
Housing Distribution
Address Breakdown
Residential
15,373
Single Family
12,694
Multi-Family
2,679
Businesses
645
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Listed by: Bradley LaBrie • Keller Williams First
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50160915
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