38515 Wellington DrClinton TownshipMI48036
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow38515 Wellington Dr, Clinton Township, MI, 48036 in Clinton Township earns its strong cash-flow label: 23.57% yield, $2,021/mo rent, $1,132/mo net income, DSCR 4.37. The $102,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $28,429 by year five. Combined with $948/yr in principal paydown, total projected return reaches $113,026.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 23.6% | 6.5% |
| Monthly Cash Flow | $1,132 | $420 |
City averages based on Clinton Township market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,021 |
| Total Monthly Debt Service | $848 |
| DSCR Ratio | 2.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1990
N/A lot
$N/A/sqft
$210 monthly HOA
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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
Condo
Built in 1990
N/A lot
$N/A/sqft
$210 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices