6020 Clark RdBathMI48808
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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 Bath at 6020 Clark Rd, Bath, MI, 48808 priced at $533,000 pairs $3,161/mo rent with after a $2,609/mo payment. Total monthly income equals $3,161/mo. Return on cash invested is 17.64% in year one, and rental yield stands at 7.12% on a $533,000 basis. Equity gained on principal adds $3,439/yr, and 5% annual appreciation accumulates to $147,258 by year five. Five-year ROI measures 91.16% and total cumulative return in cash reaches $159,852. For financing, Ziffy Mortgage’s DSCR program evaluates $3,161/mo property income against a $2,609/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48808, Bath, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 1,673 (64.3%) |
| Renter Occupied HU | 768 (29.5%) |
| Vacant Housing Units | 162 ( 6.2%) |
| Median Home Value | $327,703 |
| Average Home Value | $370,604 |
Housing Distribution
Address Breakdown
Residential
2,483
Single Family
2,461
Multi-Family
22
Businesses
93
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