217 E Baker AveClawsonMI48017
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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 Clawson at 217 E Baker Ave, Clawson, MI, 48017 priced at $275,000 pairs $2,648/mo rent with $835/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,648/mo, and annual cash flow comes to $10,014/yr on $91,163 invested. Return on cash invested is 30.89% in year one, and rental yield stands at 11.55% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 162.32% and total cumulative return in cash reaches $147,971. For financing, Ziffy Mortgage’s DSCR program evaluates $2,648/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1928
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48017, Clawson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,875 (100%) |
| Owner Occupied HU | 4,389 (74.7%) |
| Renter Occupied HU | 1,325 (22.6%) |
| Vacant Housing Units | 161 ( 2.7%) |
| Median Home Value | $264,906 |
| Average Home Value | $314,004 |
Housing Distribution
Address Breakdown
Residential
5,744
Single Family
4,944
Multi-Family
800
Businesses
479
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