846 Phillips AveClawsonMI48017
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
Investment property for sale in Clawson at 846 Phillips Ave, Clawson, MI, 48017 at $375,000 posts ROI 22.11% with $229/mo cash flow from $2,701/mo rent. Total monthly income equals $2,701/mo, and annual cash flow records $2,742/yr on $124,313 to close. Return on cash invested measures 22.11% and rental yield reads 8.64% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 115.21% and total cumulative return in cash totals $143,223.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,701/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
6,098 sqft lot
$N/A/sqft
No 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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