2211 Bingham RdClioMI48420
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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 Clio at 2211 Bingham Rd, Clio, MI, 48420 at $399,500 posts ROI 13.17% with from $1,890/mo rent. Total monthly income equals $1,890/mo. Return on cash invested measures 13.17% and rental yield reads 5.68% at the current $399,500. Equity gained on principal adds $2,578/yr, and 5% annual appreciation supports $110,374 by year five. Five-year ROI prints 67.21% and total cumulative return in cash totals $89,007. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,890/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
5.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48420, Clio, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,920 (100%) |
| Owner Occupied HU | 6,965 (78.1%) |
| Renter Occupied HU | 1,578 (17.7%) |
| Vacant Housing Units | 377 ( 4.2%) |
| Median Home Value | $206,485 |
| Average Home Value | $227,094 |
Housing Distribution
Address Breakdown
Residential
9,173
Single Family
8,925
Multi-Family
248
Businesses
527
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Nearby investment properties with comparable prices
Listed by: Bradley LaBrie • Keller Williams First
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240093677
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-01-11 07:04:47 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702