19793 Electra StClinton 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
Rental property for sale in Clinton Township at 19793 Electra St, Clinton Township, MI, 48035 generates $1,732/mo in rent and, after a $1,027/mo payment, leaves $348/mo in cash flow. Total monthly income is $1,732/mo, and annual cash flow is $4,178/yr on $69,582 invested. Return on cash invested sits at 25.91% in year one, and rental yield is 9.9% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 135.63% and total cumulative return in cash sums $94,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,732/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
5,662 sqft 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: Chris Halpin • RE/MAX First
Mls Name: MiRealSource
Mls ID: #50188447