54 Maplegrove Dr #2ClawsonMI48017
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 54 Maplegrove Dr #2, Clawson, MI, 48017 in Clawson hard to pass up. The 11.56% gross yield on a $289,900 purchase results in $2,794/mo in rent and $537/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.14). Annual cash flow of $6,442, five-year appreciation of $80,094, and $2,670/yr in equity build-up combine for a projected total cumulative return of $146,532.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.5% |
| Monthly Cash Flow | $537 | $200 |
City averages based on Clawson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,794 |
| Total Monthly Debt Service | $2,141 |
| DSCR Ratio | 1.30x |
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.
Condo
Built in 1991
N/A lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48017, Clawson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,875 (100%) |
| Owner Occupied HU | 4,389 (74.7%) |
| Renter Occupied HU | 1,325 (22.6%) |
| Vacant Housing Units | 161 ( 2.7%) |
| Median Home Value | $264,906 |
| Average Home Value | $314,004 |
Housing Distribution
Address Breakdown
Residential
5,744
Single Family
4,944
Multi-Family
800
Businesses
479
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
Condo
Built in 1991
N/A lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48017, Clawson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,875 (100%) |
| Owner Occupied HU | 4,389 (74.7%) |
| Renter Occupied HU | 1,325 (22.6%) |
| Vacant Housing Units | 161 ( 2.7%) |
| Median Home Value | $264,906 |
| Average Home Value | $314,004 |
Housing Distribution
Address Breakdown
Residential
5,744
Single Family
4,944
Multi-Family
800
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices