4636 Jerome RdClarkstonMI48346
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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
Investment property for sale in Clarkston at 4636 Jerome Rd, Clarkston, MI, 48346 uses $106,047 cash to close to unlock $6,170/yr annual cash flow and $514/mo monthly cash flow. Total monthly income runs $2,624/mo, and a $1,566/mo payment keeps the spread at $514/mo. Purchase price stands at $319,900, and rental yield measures 9.84% with $2,624/mo rent. Return on cash invested shows 25.73% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 134.61% and total cumulative return in cash records $142,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,624/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48346, Clarkston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,154 (100%) |
| Owner Occupied HU | 7,328 (72.2%) |
| Renter Occupied HU | 2,434 (24.0%) |
| Vacant Housing Units | 392 ( 3.9%) |
| Median Home Value | $339,923 |
| Average Home Value | $400,401 |
Housing Distribution
Address Breakdown
Residential
9,816
Single Family
8,744
Multi-Family
1,072
Businesses
726
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