71 Boehme StMount ClemensMI48043
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
Investment Highlights
Investment property for sale in Mount Clemens at 71 Boehme St, Mount Clemens, MI, 48043 with 5% annual appreciation on a $169,900 basis while $1,424/mo rent supports operations. Total monthly income totals $1,424/mo and a $832/mo payment preserves $303/mo for cash returns. Annual cash flow comes to $3,638/yr on $56,322 deployed, and return on cash invested reaches 26.37% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 10.06%. Five-year ROI measures 138.09% and total cumulative return in cash totals $77,774.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,424/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
6,969 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: Chris Halpin • RE/MAX First
Mls Name: MiRealSource
Mls ID: #50187449