6239 S McClelland RdAshleyMI48806
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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
Investment property for sale in Ashley at 6239 S McClelland Rd, Ashley, MI, 48806 uses $40,775 cash to close to unlock $3,227/yr annual cash flow and $269/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $602/mo payment keeps the spread at $269/mo. Purchase price stands at $123,000, and rental yield measures 10.54% with $1,080/mo rent. Return on cash invested shows 27.82% in year one, and 5% annual appreciation builds toward $33,983 over five years. Five-year ROI reaches 145.8% and total cumulative return in cash records $59,449. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $602/mo payment rather than investor’s personal income.
Single Family
Built in 1963
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48806, Ashley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 516 (75.3%) |
| Renter Occupied HU | 104 (15.2%) |
| Vacant Housing Units | 65 ( 9.5%) |
| Median Home Value | $178,226 |
| Average Home Value | $215,184 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
30
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Listed by: Cheryl Reeves • AMERICA'S CHOICE REALTY LLC
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933983
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.