5217 Old Barn LnClioMI48420
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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 Clio at 5217 Old Barn Ln, Clio, MI, 48420 priced at $369,900 pairs $2,830/mo rent with $391/mo cash flow after a $1,810/mo payment. Total monthly income equals $2,830/mo, and annual cash flow comes to $4,694/yr on $122,622 invested. Return on cash invested is 23.74% in year one, and rental yield stands at 9.18% on a $369,900 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,197 by year five. Five-year ROI measures 123.93% and total cumulative return in cash reaches $151,966. For financing, Ziffy Mortgage’s DSCR program evaluates $2,830/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48420, Clio, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,920 (100%) |
| Owner Occupied HU | 6,965 (78.1%) |
| Renter Occupied HU | 1,578 (17.7%) |
| Vacant Housing Units | 377 ( 4.2%) |
| Median Home Value | $206,485 |
| Average Home Value | $227,094 |
Housing Distribution
Address Breakdown
Residential
9,173
Single Family
8,925
Multi-Family
248
Businesses
527
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