42231 Toddmark LnClinton TwpMI48038
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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 Twp at 42231 Toddmark Ln, Clinton Twp, MI, 48038 generates $1,929/mo in rent and, after a $844/mo payment, leaves $792/mo in cash flow. Total monthly income is $1,929/mo, and annual cash flow is $9,503/yr on $57,151 invested. Return on cash invested sits at 36.54% in year one, and rental yield is 13.43% on a $172,400 entry. Equity gained on principal adds $1,112/yr, while 5% annual appreciation builds toward $47,631 over five years. Five-year ROI reaches 192.56% and total cumulative return in cash sums $110,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,929/mo property income rather than buyer’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48038, Clinton Township, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,703 (100%) |
| Owner Occupied HU | 13,222 (60.9%) |
| Renter Occupied HU | 7,679 (35.4%) |
| Vacant Housing Units | 802 ( 3.7%) |
| Median Home Value | $287,923 |
| Average Home Value | $303,682 |
Housing Distribution
Address Breakdown
Residential
21,528
Single Family
16,319
Multi-Family
5,209
Businesses
1,404
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