7210 Bluewater Dr APT 152ClarkstonMI48348
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 7210 Bluewater Dr APT 152, Clarkston, MI, 48348 in Clarkston deserves attention. This $160,500 property earns $2,126/mo in rent, a 15.9% gross yield, and nets $728/mo after the $722/mo payment. DSCR 2.94 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $44,343 compounds alongside $1,478/yr in yearly equity build, for a total cumulative return of $109,464.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.9% | 7.5% |
| Monthly Cash Flow | $728 | $450 |
City averages based on Clarkston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,126 |
| Total Monthly Debt Service | $1,335 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
$340 monthly 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
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
Townhouse
Built in 1982
N/A lot
$N/A/sqft
$340 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Jones • ERA Prime Real Estate Group
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50177953
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