42501 Clemons DrPlymouthMI48170
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
Investment Highlights
Rental property for sale in Plymouth at 42501 Clemons Dr, Plymouth, MI, 48170 generates $2,873/mo in rent and, after a $1,958/mo payment, leaves $235/mo in cash flow. Total monthly income is $2,873/mo, and annual cash flow is $2,820/yr on $132,600 invested. Return on cash invested sits at 22.04% in year one, and rental yield is 8.62% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 114.77% and total cumulative return in cash sums $152,188. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,873/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48170, Plymouth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,462 (100%) |
| Owner Occupied HU | 14,027 (76.0%) |
| Renter Occupied HU | 3,805 (20.6%) |
| Vacant Housing Units | 630 ( 3.4%) |
| Median Home Value | $408,390 |
| Average Home Value | $452,148 |
Housing Distribution
Address Breakdown
Residential
18,362
Single Family
15,953
Multi-Family
2,409
Businesses
2,256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
