141 Floral Ave APT JMount ClemensMI48043
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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 Mount Clemens at 141 Floral Ave APT J, Mount Clemens, MI, 48043 earns $190/mo cash flow from $1,493/mo rent with a $734/mo payment. Total monthly income totals $1,493/mo, and annual cash flow totals $2,278/yr on $49,725 capital. ROI tracks 24.49% on current figures, and rental yield reads 11.94% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 130.67% and total cumulative return in cash sums $64,974. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,493/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$289 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48043, Mount Clemens, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 4,080 (54.9%) |
| Renter Occupied HU | 2,965 (39.9%) |
| Vacant Housing Units | 390 ( 5.2%) |
| Median Home Value | $224,842 |
| Average Home Value | $264,575 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,151
Multi-Family
975
Businesses
857
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Listed by: Andrea Page • Great Lakes Realty and Property Management
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50176177
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