5721 Corunna AveClarkstonMI48346
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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 Clarkston at 5721 Corunna Ave, Clarkston, MI, 48346 offers $3,052/mo rent that, after a $1,901/mo payment, leaves $491/mo cash flow. Total monthly income is $3,052/mo, and annual cash flow is $5,889/yr on $128,755 cash. Return on cash invested measures 24.48% in year one, and rental yield stands at 9.43% at a $388,400 entry. Equity gained on principal adds $2,506/yr while 5% annual appreciation compounds into $107,308 by year five. Five-year ROI records 127.9% and total cumulative return in cash reaches $164,674. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,052/mo property income versus a $1,901/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.55 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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