4601 Hemlock LoopClarkstonMI48348
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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 Clarkston at 4601 Hemlock Loop, Clarkston, MI, 48348 priced at $116,900 converts $924/mo rent into $153/mo cash flow after a $572/mo obligation. Total monthly income equals $924/mo, and annual cash flow totals $1,839/yr on $38,752 invested. Return on cash invested prints 24.66% in year one, and rental yield reads 9.49% against a $116,900 entry. Equity gained on principal adds $754/yr, while 5% annual appreciation compiles into $32,297 by year five. Five-year ROI reaches 128.9% and total cumulative return in cash sums $49,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $924/mo property income covering a $572/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48348, Clarkston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,379 (100%) |
| Owner Occupied HU | 8,668 (92.4%) |
| Renter Occupied HU | 426 ( 4.5%) |
| Vacant Housing Units | 285 ( 3.0%) |
| Median Home Value | $455,248 |
| Average Home Value | $478,258 |
Housing Distribution
Address Breakdown
Residential
9,569
Single Family
9,091
Multi-Family
478
Businesses
206
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