5534 W Clarksville RdLake OdessaMI48849
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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
Total monthly income runs $1,194/mo, and a $2,814/mo payment. Purchase price stands at $575,000, and rental yield measures 2.49% with $1,194/mo rent. Return on cash invested shows 3.58% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 15.81% and total cumulative return in cash records $29,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 2002
7.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48849, Lake Odessa, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 2,010 (77.4%) |
| Renter Occupied HU | 347 (13.4%) |
| Vacant Housing Units | 241 ( 9.3%) |
| Median Home Value | $237,500 |
| Average Home Value | $271,979 |
Housing Distribution
Address Breakdown
Residential
2,340
Single Family
2,259
Multi-Family
81
Businesses
152
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Listed by: Rose A Williams • Epique Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25026682
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.