282 W Ferney StClarksvilleMI48815
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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 Clarksville at 282 W Ferney St, Clarksville, MI, 48815 listed at $274,900 pairs $2,027/mo rent with a $1,346/mo payment to leave $215/mo cash flow. Total monthly income runs $2,027/mo, and annual cash flow reaches $2,576/yr on $91,129 cash to close. Return on cash invested measures 22.74% in year one, and rental yield registers 8.85% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 118.53% and total cumulative return in cash totals $108,015. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,027/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48815, Clarksville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 991 (100%) |
| Owner Occupied HU | 819 (82.6%) |
| Renter Occupied HU | 97 ( 9.8%) |
| Vacant Housing Units | 75 ( 7.6%) |
| Median Home Value | $296,429 |
| Average Home Value | $356,136 |
Housing Distribution
Address Breakdown
Residential
941
Single Family
917
Multi-Family
24
Businesses
32
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Listed by: Ashley Schaefer • Hello Homes GR
Mls Name: MichRIC
Mls Provider:
Mls ID: #25017363
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.