290 Kama CtClayMI48001
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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 Clay at 290 Kama Ct, Clay, MI, 48001 priced at $423,100 pairs $2,576/mo rent with after a $2,071/mo payment. Total monthly income equals $2,576/mo. Return on cash invested is 18.08% in year one, and rental yield stands at 7.31% on a $423,100 basis. Equity gained on principal adds $2,730/yr, and 5% annual appreciation accumulates to $116,895 by year five. Five-year ROI measures 93.54% and total cumulative return in cash reaches $131,192. For financing, Ziffy Mortgage’s DSCR program evaluates $2,576/mo property income against a $2,071/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48001, Algonac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,115 (100%) |
| Owner Occupied HU | 4,670 (76.4%) |
| Renter Occupied HU | 724 (11.8%) |
| Vacant Housing Units | 721 (11.8%) |
| Median Home Value | $287,938 |
| Average Home Value | $318,014 |
Housing Distribution
Address Breakdown
Residential
5,711
Single Family
5,512
Multi-Family
199
Businesses
217
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