6801 Rogers AveClareMI48617
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.01% gross rental yield, 6801 Rogers Ave, Clare, MI, 48617 in Clare is priced for capital growth, not immediate cash flow. The $325,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $89,792 by year five, with $2,993/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.74) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $55,818.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 6.5% |
| Monthly Cash Flow | $(1,057) | $320 |
City averages based on Clare market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,086 |
| Total Monthly Debt Service | $2,014 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 N/A
67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48617, Clare, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 2,605 (66.7%) |
| Renter Occupied HU | 941 (24.1%) |
| Vacant Housing Units | 362 ( 9.3%) |
| Median Home Value | $181,828 |
| Average Home Value | $248,567 |
Housing Distribution
Address Breakdown
Residential
3,741
Single Family
3,484
Multi-Family
257
Businesses
468
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 N/A
67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48617, Clare, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 2,605 (66.7%) |
| Renter Occupied HU | 941 (24.1%) |
| Vacant Housing Units | 362 ( 9.3%) |
| Median Home Value | $181,828 |
| Average Home Value | $248,567 |
Housing Distribution
Address Breakdown
Residential
3,741
Single Family
3,484
Multi-Family
257
Businesses
468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices