20562 Vermander 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 20562 Vermander Ave, Clinton Township, MI, 48035 uses $61,328 cash to close to unlock $2,790/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $1,452/mo, and a $905/mo payment keeps the spread at $233/mo. Purchase price stands at $185,000, and rental yield measures 9.42% with $1,452/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 127.8% and total cumulative return in cash records $78,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,452/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1965
4,356 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: Agron Gojcaj • LawyersRealtyMI
Mls Name: Realcomp II
Mls ID: #20251038326