20118 Nicke 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
Investment property for sale in Clinton Township at 20118 Nicke St, Clinton Township, MI, 48035 earns $1,132/mo cash flow from $2,351/mo rent with a $905/mo payment. Total monthly income totals $2,351/mo, and annual cash flow totals $13,580/yr on $61,294 capital. ROI tracks 42.06% on current figures, and rental yield reads 15.26% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 222.2% and total cumulative return in cash sums $136,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,351/mo property income instead of your personal income.
Single Family
Built in 1945
0.32 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 Kean • Coldwell Banker Professionals
Mls Name: MiRealSource
Mls ID: #50188205