35 Clarence StPontiacMI48342
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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 Pontiac at 35 Clarence St, Pontiac, MI, 48342 uses $43,758 cash to close to unlock $2,131/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,048/mo, and a $646/mo payment keeps the spread at $178/mo. Purchase price stands at $132,000, and rental yield measures 9.53% with $1,048/mo rent. Return on cash invested shows 24.78% in year one, and 5% annual appreciation builds toward $36,469 over five years. Five-year ROI reaches 129.56% and total cumulative return in cash records $56,695. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,048/mo property income covering a $646/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48342, Pontiac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,410 (100%) |
| Owner Occupied HU | 3,374 (40.1%) |
| Renter Occupied HU | 4,344 (51.7%) |
| Vacant Housing Units | 692 ( 8.2%) |
| Median Home Value | $85,725 |
| Average Home Value | $154,378 |
Housing Distribution
Address Breakdown
Residential
7,253
Single Family
6,421
Multi-Family
832
Businesses
575
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