22311 Spitzley StClinton 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 22311 Spitzley St, Clinton Township, MI, 48035 listed at $112,500 pairs $872/mo rent with a $551/mo payment to leave $130/mo cash flow. Total monthly income runs $872/mo, and annual cash flow reaches $1,557/yr on $37,294 cash to close. Return on cash invested measures 24.08% in year one, and rental yield registers 9.3% at a $112,500 basis. Equity gained on principal adds $726/yr, and annual property appreciation at 5% supports $31,082 by year five. Five-year ROI tracks 125.82% and total cumulative return in cash totals $46,924. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $872/mo property income relative to a $551/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
8,712 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: Amy Badke • Spirit Realty Inc
Mls Name: MiRealSource
Mls ID: #50178778