317 Clark StClintonMI49236
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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 Clinton at 317 Clark St, Clinton, MI, 49236 priced at $126,900 converts $970/mo rent into $133/mo cash flow after a $621/mo obligation. Total monthly income equals $970/mo, and annual cash flow totals $1,599/yr on $42,067 invested. Return on cash invested prints 23.71% in year one, and rental yield reads 9.17% against a $126,900 entry. Equity gained on principal adds $819/yr, while 5% annual appreciation compiles into $35,060 by year five. Five-year ROI reaches 123.83% and total cumulative return in cash sums $52,093. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $970/mo property income covering a $621/mo payment, not borrower’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49236, Clinton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,057 (100%) |
| Owner Occupied HU | 1,711 (83.2%) |
| Renter Occupied HU | 241 (11.7%) |
| Vacant Housing Units | 105 ( 5.1%) |
| Median Home Value | $248,692 |
| Average Home Value | $282,108 |
Housing Distribution
Address Breakdown
Residential
1,919
Single Family
1,725
Multi-Family
194
Businesses
143
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