541 Cloverlawn StEast ChinaMI48054
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
Investment Highlights
Rental property for sale in East China at 541 Cloverlawn St, East China, MI, 48054 priced at $239,900 converts $1,680/mo rent into $98/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,680/mo, and annual cash flow totals $1,178/yr on $79,527 invested. Return on cash invested prints 21.39% in year one, and rental yield reads 8.4% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 111.38% and total cumulative return in cash sums $88,579. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48054, East China, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,143 (100%) |
| Owner Occupied HU | 2,593 (82.5%) |
| Renter Occupied HU | 349 (11.1%) |
| Vacant Housing Units | 201 ( 6.4%) |
| Median Home Value | $318,011 |
| Average Home Value | $350,303 |
Housing Distribution
Address Breakdown
Residential
3,101
Single Family
2,930
Multi-Family
171
Businesses
105
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Listed by: Allie Dado • KW Platinum Port Huron
Mls Name: Realcomp II
Mls ID: #20251057300