8111 Waite RdClarklakeMI49234
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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 Clarklake at 8111 Waite Rd, Clarklake, MI, 49234 listed at $378,900 pairs $2,453/mo rent with a $1,855/mo payment. Total monthly income runs $2,453/mo. Return on cash invested measures 19.47% in year one, and rental yield registers 7.77% at a $378,900 basis. Equity gained on principal adds $2,445/yr, and annual property appreciation at 5% supports $104,683 by year five. Five-year ROI tracks 101.01% and total cumulative return in cash totals $126,879. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,453/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49234, Clarklake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 1,033 (73.9%) |
| Renter Occupied HU | 119 ( 8.5%) |
| Vacant Housing Units | 245 (17.5%) |
| Median Home Value | $295,833 |
| Average Home Value | $388,889 |
Housing Distribution
Address Breakdown
Residential
1,287
Single Family
1,287
Multi-Family
0
Businesses
80
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