681 N Esplanade StMount ClemensMI48043
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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 Mount Clemens at 681 N Esplanade St, Mount Clemens, MI, 48043 with 5% annual appreciation on a $286,000 basis while $2,755/mo rent supports operations. Total monthly income totals $2,755/mo and a $1,400/mo payment preserves $869/mo for cash returns. Annual cash flow comes to $10,426/yr on $94,809 deployed, and return on cash invested reaches 30.91% in year one. Equity gained on principal adds $1,846/yr, and five-year appreciation sums $79,017 alongside rental yield of 11.56%. Five-year ROI measures 162.34% and total cumulative return in cash totals $153,908.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,755/mo property income versus a $1,400/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
7,840 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
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Listed by: Katayoon Sowerby • Real Estate One Chesterfield
Mls Name: MiRealSource
Mls ID: #50182539