148 E Cross StClarksvilleMI48815
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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 Clarksville at 148 E Cross St, Clarksville, MI, 48815 with 5% annual appreciation on a $220,000 basis while $1,771/mo rent supports operations. Total monthly income totals $1,771/mo and a $1,077/mo payment preserves $320/mo for cash returns. Annual cash flow comes to $3,840/yr on $72,930 deployed, and return on cash invested reaches 25.17% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 9.66%. Five-year ROI measures 131.6% and total cumulative return in cash totals $95,975.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,771/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48815, Clarksville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 991 (100%) |
| Owner Occupied HU | 819 (82.6%) |
| Renter Occupied HU | 97 ( 9.8%) |
| Vacant Housing Units | 75 ( 7.6%) |
| Median Home Value | $296,429 |
| Average Home Value | $356,136 |
Housing Distribution
Address Breakdown
Residential
941
Single Family
917
Multi-Family
24
Businesses
32
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Listed by: Savannah Lockwood • The Home Office Realty LLC
Mls Name: MiRealSource
Mls ID: #50198023