84 Northbound Gratiot AveMount ClemensMI48043
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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 84 Northbound Gratiot Ave, Mount Clemens, MI, 48043 with 5% annual appreciation on a $110,000 basis while $852/mo rent supports operations. Total monthly income totals $852/mo and a $538/mo payment preserves $127/mo for cash returns. Annual cash flow comes to $1,524/yr on $36,465 deployed, and return on cash invested reaches 24.09% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 9.29%. Five-year ROI measures 125.81% and total cumulative return in cash totals $45,876.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $852/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1927
4,356 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
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Listed by: Jessica Graves • Vantage Realty Group, LLC
Mls Name: MichRIC
Mls ID: #26001298