5984 Clovermeadows AveScottsMI49088
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 5984 Clovermeadows Ave, Scotts, MI, 49088 in Scotts deserves attention. This $361,250 property earns $3,138/mo in rent, a 10.42% gross yield, and nets $756/mo after the $1,624/mo payment. DSCR 1.93 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $99,807 compounds alongside $3,327/yr in yearly equity build, for a total cumulative return of $186,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 8.2% |
| Monthly Cash Flow | $756 | $350 |
City averages based on Scotts market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,138 |
| Total Monthly Debt Service | $2,239 |
| DSCR Ratio | 1.40x |
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.
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49088, Scotts, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,352 (100%) |
| Owner Occupied HU | 1,201 (88.8%) |
| Renter Occupied HU | 93 ( 6.9%) |
| Vacant Housing Units | 58 ( 4.3%) |
| Median Home Value | $311,851 |
| Average Home Value | $365,633 |
Housing Distribution
Address Breakdown
Residential
1,455
Single Family
1,455
Multi-Family
0
Businesses
17
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
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49088, Scotts, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,352 (100%) |
| Owner Occupied HU | 1,201 (88.8%) |
| Renter Occupied HU | 93 ( 6.9%) |
| Vacant Housing Units | 58 ( 4.3%) |
| Median Home Value | $311,851 |
| Average Home Value | $365,633 |
Housing Distribution
Address Breakdown
Residential
1,455
Single Family
1,455
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
