7116 Oak Ridge CtClarkstonMI48348
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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 7116 Oak Ridge Ct, Clarkston, MI, 48348 earns from $1,799/mo rent with a $4,062/mo payment. Total monthly income totals $1,799/mo. ROI tracks 3.91% on current figures, and rental yield reads 2.6% at a $829,900 purchase. Equity gained on principal adds $5,355/yr, and 5% annual appreciation supports $229,286 over five years. Five-year ROI reaches 17.58% and total cumulative return in cash sums $47,999. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,799/mo property income instead of your personal income.
Single Family
Built in 2025
0.67 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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