21600 Elmway StClinton TownshipMI48035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 21600 Elmway St, Clinton Township, MI, 48035 generates $3,672/mo in rent and, after a $2,202/mo payment, leaves $705/mo in cash flow. Total monthly income is $3,672/mo, and annual cash flow is $8,462/yr on $149,142 invested. Return on cash invested sits at 25.58% in year one, and rental yield is 9.79% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 133.83% and total cumulative return in cash sums $199,594. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,672/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.46 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel DeYonker • EXP Realty Rochester
Mls Name: Realcomp II
Mls ID: #20251050181