42231 Toddmark LnClinton TwpMI48038
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 42231 Toddmark Ln, Clinton Twp, MI, 48038 in Clinton Twp is straightforward: $172,400 in, $1,929/mo in rent, $452/mo out after debt service. The 12.52% gross yield and 2.49 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $47,631 by year five. With $1,588/yr in principal equity, the total cumulative return is projected at $116,672.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 8.2% |
| Monthly Cash Flow | $452 | $400 |
City averages based on Clinton Twp market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,929 |
| Total Monthly Debt Service | $1,068 |
| DSCR Ratio | 1.81x |
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 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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A