60 Waldon RdClarkstonMI48346
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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
Investment property for sale in Clarkston at 60 Waldon Rd, Clarkston, MI, 48346 at $374,900 posts ROI 31.3% with $1,180/mo cash flow from $3,652/mo rent. Total monthly income equals $3,652/mo, and annual cash flow records $14,156/yr on $124,279 to close. Return on cash invested measures 31.3% and rental yield reads 11.69% at the current $374,900. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 by year five. Five-year ROI prints 164.46% and total cumulative return in cash totals $204,391.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,652/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.29 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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