256 Crocker BlvdMount ClemensMI48043
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 256 Crocker Blvd, Mount Clemens, MI, 48043 in Mount Clemens is listed at $250,000 and delivers $1,980/mo in rent and $331/mo in net monthly cash flow. The 9.5% yield and 1.76 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $69,070 over five years, and $2,303/yr in principal reduction supplements cash return. Total projected cumulative return: $116,557.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $331 | $800 |
City averages based on Mount Clemens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $1,549 |
| DSCR Ratio | 1.28x |
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 2003
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48043, Mount Clemens, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 4,080 (54.9%) |
| Renter Occupied HU | 2,965 (39.9%) |
| Vacant Housing Units | 390 ( 5.2%) |
| Median Home Value | $224,842 |
| Average Home Value | $264,575 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,151
Multi-Family
975
Businesses
857
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 2003
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48043, Mount Clemens, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 4,080 (54.9%) |
| Renter Occupied HU | 2,965 (39.9%) |
| Vacant Housing Units | 390 ( 5.2%) |
| Median Home Value | $224,842 |
| Average Home Value | $264,575 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,151
Multi-Family
975
Businesses
857
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin S Ford • EXP Realty Plymouth
Mls Name: Realcomp II
Mls ID: #20261006854