15568 Austin AveClinton TownshipMI48035
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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 Clinton Township at 15568 Austin Ave, Clinton Township, MI, 48035 uses $82,378 cash to close to unlock $5,455/yr annual cash flow and $455/mo monthly cash flow. Total monthly income runs $2,093/mo, and a $1,216/mo payment keeps the spread at $455/mo. Purchase price stands at $248,500, and rental yield measures 10.11% with $2,093/mo rent. Return on cash invested shows 26.53% in year one, and 5% annual appreciation builds toward $68,656 over five years. Five-year ROI reaches 138.91% and total cumulative return in cash records $114,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,093/mo property income covering a $1,216/mo payment rather than investor’s personal income.
Condo
Built in 1996
9.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48035, Clinton Township, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,350 (100%) |
| Owner Occupied HU | 9,516 (62.0%) |
| Renter Occupied HU | 5,171 (33.7%) |
| Vacant Housing Units | 663 ( 4.3%) |
| Median Home Value | $202,430 |
| Average Home Value | $228,280 |
Housing Distribution
Address Breakdown
Residential
15,345
Single Family
12,797
Multi-Family
2,548
Businesses
940
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Listed by: Robert Kluck • Professional Leasing & Sales LLC
Mls Name: MiRealSource
Mls ID: #50185056