3146 Rotterdam DrClioMI48420
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
Investment Highlights
Rental property for sale in Clio at 3146 Rotterdam Dr, Clio, MI, 48420 priced at $234,900 converts $3,857/mo rent into $2,148/mo cash flow after a $1,150/mo obligation. Total monthly income equals $3,857/mo, and annual cash flow totals $25,772/yr on $77,869 invested. Return on cash invested prints 53.01% in year one, and rental yield reads 19.7% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 281.76% and total cumulative return in cash sums $219,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,857/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48420, Clio, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,920 (100%) |
| Owner Occupied HU | 6,965 (78.1%) |
| Renter Occupied HU | 1,578 (17.7%) |
| Vacant Housing Units | 377 ( 4.2%) |
| Median Home Value | $206,485 |
| Average Home Value | $227,094 |
Housing Distribution
Address Breakdown
Residential
9,173
Single Family
8,925
Multi-Family
248
Businesses
527
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Listed by: Sue Bully • REMAX Town & Country
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50151224
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