20355 Caniff 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 20355 Caniff St, Clinton Township, MI, 48035 uses $91,163 cash to close to unlock $378/yr annual cash flow and $32/mo monthly cash flow. Total monthly income runs $1,845/mo, and a $1,346/mo payment keeps the spread at $32/mo. Purchase price stands at $275,000, and rental yield measures 8.05% with $1,845/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 105.62% and total cumulative return in cash records $96,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,845/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,840 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: Joshua L Wright • Keller Williams Paint Creek
Mls Name: Realcomp II
Mls ID: #20251053394