425 Schoolcrest AveClareMI48617
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Clare rentals match the income profile of 425 Schoolcrest Ave, Clare, MI, 48617. Listed at $159,500, gross rent is $2,374/mo and net cash flow is $1,322/mo, a 17.86% yield well above national averages. DSCR 3.31 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $44,067 by year five with $1,469/yr in annual principal reduction, projecting $145,856 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.9% | 6.5% |
| Monthly Cash Flow | $1,322 | $320 |
City averages based on Clare market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,374 |
| Total Monthly Debt Service | $988 |
| DSCR Ratio | 2.40x |
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.
Single Family
Built in 1968
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48617, Clare, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 2,605 (66.7%) |
| Renter Occupied HU | 941 (24.1%) |
| Vacant Housing Units | 362 ( 9.3%) |
| Median Home Value | $181,828 |
| Average Home Value | $248,567 |
Housing Distribution
Address Breakdown
Residential
3,741
Single Family
3,484
Multi-Family
257
Businesses
468
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
Single Family
Built in 1968
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48617, Clare, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 2,605 (66.7%) |
| Renter Occupied HU | 941 (24.1%) |
| Vacant Housing Units | 362 ( 9.3%) |
| Median Home Value | $181,828 |
| Average Home Value | $248,567 |
Housing Distribution
Address Breakdown
Residential
3,741
Single Family
3,484
Multi-Family
257
Businesses
468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices