63 Parkview AveMount ClemensMI48043
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Mount Clemens rental at 63 Parkview Ave, Mount Clemens, MI, 48043 sits in the solid-income band: 9.24% gross yield, $1,463/mo rent, $210/mo net after the $854/mo debt service, DSCR 1.71. Entry price of $189,999 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $52,493 and $1,750/yr in principal reduction bring total cumulative return to $85,911.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.0% |
| Monthly Cash Flow | $210 | $800 |
City averages based on Mount Clemens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,463 |
| Total Monthly Debt Service | $1,177 |
| DSCR Ratio | 1.24x |
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 1927
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48043, Mount Clemens, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 4,080 (54.9%) |
| Renter Occupied HU | 2,965 (39.9%) |
| Vacant Housing Units | 390 ( 5.2%) |
| Median Home Value | $224,842 |
| Average Home Value | $264,575 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,151
Multi-Family
975
Businesses
857
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 1927
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48043, Mount Clemens, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 4,080 (54.9%) |
| Renter Occupied HU | 2,965 (39.9%) |
| Vacant Housing Units | 390 ( 5.2%) |
| Median Home Value | $224,842 |
| Average Home Value | $264,575 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,151
Multi-Family
975
Businesses
857
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Alex • Cleare Realty Solutions
Mls Name: MichRIC
Mls Provider:
Mls ID: #25000193
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.