155 N Main StClarkstonMI48346
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 Clarkston at 155 N Main St, Clarkston, MI, 48346 priced at $950,000 converts $5,148/mo rent into after a $4,650/mo obligation. Total monthly income equals $5,148/mo. Return on cash invested prints 15.77% in year one, and rental yield reads 6.5% against a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation compiles into $262,467 by year five. Five-year ROI reaches 81.15% and total cumulative return in cash sums $253,634. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,148/mo property income covering a $4,650/mo payment, not borrower’s personal income.
Single Family
Built in 1872
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48346, Clarkston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,154 (100%) |
| Owner Occupied HU | 7,328 (72.2%) |
| Renter Occupied HU | 2,434 (24.0%) |
| Vacant Housing Units | 392 ( 3.9%) |
| Median Home Value | $339,923 |
| Average Home Value | $400,401 |
Housing Distribution
Address Breakdown
Residential
9,816
Single Family
8,744
Multi-Family
1,072
Businesses
726
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices