16 Clarmarc Ct #8FrankenmuthMI48734
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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 Frankenmuth at 16 Clarmarc Ct #8, Frankenmuth, MI, 48734 earns from $1,050/mo rent with a $2,222/mo payment. Total monthly income totals $1,050/mo. ROI tracks 4.41% on current figures, and rental yield reads 2.78% at a $454,000 purchase. Equity gained on principal adds $2,930/yr, and 5% annual appreciation supports $125,432 over five years. Five-year ROI reaches 20.29% and total cumulative return in cash sums $30,530. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,050/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48734, Frankenmuth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,489 (100%) |
| Owner Occupied HU | 2,548 (73.0%) |
| Renter Occupied HU | 615 (17.6%) |
| Vacant Housing Units | 326 ( 9.3%) |
| Median Home Value | $293,473 |
| Average Home Value | $343,000 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,036
Multi-Family
335
Businesses
442
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Listed by: Lucas Schummer • Red Fox Realty LLC
Mls Name: Realcomp II
Mls ID: #20251020335