281 Carlson DrMount ClemensMI48043
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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 Mount Clemens at 281 Carlson Dr, Mount Clemens, MI, 48043 priced at $112,900 converts $901/mo rent into $156/mo cash flow after a $553/mo obligation. Total monthly income equals $901/mo, and annual cash flow totals $1,873/yr on $37,426 invested. Return on cash invested prints 24.91% in year one, and rental yield reads 9.58% against a $112,900 entry. Equity gained on principal adds $729/yr, while 5% annual appreciation compiles into $31,192 by year five. Five-year ROI reaches 130.36% and total cumulative return in cash sums $48,790. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $901/mo property income covering a $553/mo payment, not borrower’s personal income.
Townhouse
Built in 1965
N/A 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
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Listed by: James Fennell • Berkshire Hathaway HomeServices Kee Realty NB
Mls Name: MiRealSource
Mls ID: #50195682