4614 Waterbury DrClarkstonMI48348
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 4614 Waterbury Dr, Clarkston, MI, 48348 in Clarkston. Priced at $749,900, it generates $10,482/mo in gross rent and $5,379/mo in net monthly cash flow, a 16.77% yield that comfortably supports the 3.11 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $64,550. Five-year appreciation: $207,184. Equity from principal paydown: $6,907/yr. Total projected cumulative return: $632,528.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.8% | 7.5% |
| Monthly Cash Flow | $5,379 | $450 |
City averages based on Clarkston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $10,482 |
| Total Monthly Debt Service | $4,804 |
| DSCR Ratio | 2.18x |
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 1999
0.31 Acres lot
$N/A/sqft
$1,891 annually 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
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 1999
0.31 Acres lot
$N/A/sqft
$1,891 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices