6847 Oakhurst Ridge RdClarkstonMI48348
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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 Clarkston at 6847 Oakhurst Ridge Rd, Clarkston, MI, 48348 uses $225,365 cash to close to unlock $4,230/yr annual cash flow and $353/mo monthly cash flow. Total monthly income runs $4,870/mo, and a $3,353/mo payment keeps the spread at $353/mo. Purchase price stands at $685,000, and rental yield measures 8.53% with $4,870/mo rent. Return on cash invested shows 21.94% in year one, and 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 114.22% and total cumulative return in cash records $257,410. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,870/mo property income covering a $3,353/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48348, Clarkston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,379 (100%) |
| Owner Occupied HU | 8,668 (92.4%) |
| Renter Occupied HU | 426 ( 4.5%) |
| Vacant Housing Units | 285 ( 3.0%) |
| Median Home Value | $455,248 |
| Average Home Value | $478,258 |
Housing Distribution
Address Breakdown
Residential
9,569
Single Family
9,091
Multi-Family
478
Businesses
206
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