6420 Clise RdBathMI48808
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 6420 Clise Rd, Bath, MI, 48808 in Bath is narrow, $74/mo net on $2,975/mo rent after the $1,978/mo debt service, but the property operates at break-even-plus, not a loss. At $439,900 with a 8.11% yield, the long-run equity case via 5% appreciation ($121,536 over five years) and $4,052/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.50 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $172,388.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 8.5% |
| Monthly Cash Flow | $74 | $1,200 |
City averages based on Bath market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,975 |
| Total Monthly Debt Service | $2,726 |
| DSCR Ratio | 1.09x |
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 1983
7.88 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
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 1983
7.88 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices