21890 Sharkey StClinton TownshipMI48035
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 21890 Sharkey St, Clinton Township, MI, 48035 in Clinton Township worth modelling. At $120,000 with a 9.4% gross yield, the $940/mo rent leaves $149/mo after the $540/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.74 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $33,154 by year five; $1,105/yr in principal reduction adds further equity. Total projected return: $55,257.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $149 | $420 |
City averages based on Clinton Township market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $940 |
| Total Monthly Debt Service | $744 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1945
5,227 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
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
Single Family
Built in 1945
5,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Mashini • EXP Realty Main
Mls Name: Realcomp II
Mls ID: #20251018655