8771 Gates RdClarklakeMI49234
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 Clarklake at 8771 Gates Rd, Clarklake, MI, 49234 generates $1,950/mo in rent, after a $1,541/mo payment. Total monthly income is $1,950/mo. Return on cash invested sits at 18.46% in year one, and rental yield is 7.43% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 95.59% and total cumulative return in cash sums $99,790. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,950/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
13.52 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
