775 W Maple RdClawsonMI48017
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
Rental property for sale in Clawson at 775 W Maple Rd, Clawson, MI, 48017 priced at $160,000 converts $1,612/mo rent into $257/mo cash flow after a $783/mo obligation. Total monthly income equals $1,612/mo, and annual cash flow totals $3,084/yr on $53,040 invested. Return on cash invested prints 25.72% in year one, and rental yield reads 12.09% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 136.99% and total cumulative return in cash sums $72,662. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,612/mo property income covering a $783/mo payment, not borrower’s personal income.
Condo
Built in 1964
3.43 Acres lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48017, Clawson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,875 (100%) |
| Owner Occupied HU | 4,389 (74.7%) |
| Renter Occupied HU | 1,325 (22.6%) |
| Vacant Housing Units | 161 ( 2.7%) |
| Median Home Value | $264,906 |
| Average Home Value | $314,004 |
Housing Distribution
Address Breakdown
Residential
5,744
Single Family
4,944
Multi-Family
800
Businesses
479
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Listed by: Michael Blake • Epique Inc.
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50163276
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