15432 Yale DrClinton TownshipMI48038
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
Rental property for sale in Clinton Township at 15432 Yale Dr, Clinton Township, MI, 48038 generates $1,691/mo in rent and, after a $1,170/mo payment, leaves $115/mo in cash flow. Total monthly income is $1,691/mo, and annual cash flow is $1,376/yr on $79,229 invested. Return on cash invested sits at 21.65% in year one, and rental yield is 8.49% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 112.69% and total cumulative return in cash sums $89,280. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,691/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48038, Clinton Township, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,703 (100%) |
| Owner Occupied HU | 13,222 (60.9%) |
| Renter Occupied HU | 7,679 (35.4%) |
| Vacant Housing Units | 802 ( 3.7%) |
| Median Home Value | $287,923 |
| Average Home Value | $303,682 |
Housing Distribution
Address Breakdown
Residential
21,528
Single Family
16,319
Multi-Family
5,209
Businesses
1,404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert F Barnes • Keller Williams Realty Lakeside
Mls Name: MiRealSource
Mls ID: #50192277