8994 Lenhards LndgClarksvilleMI48815
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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
Total monthly income runs $3,059/mo, and a $3,035/mo payment. Purchase price stands at $620,000, and rental yield measures 5.92% with $3,059/mo rent. Return on cash invested shows 14% in year one, and 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 71.66% and total cumulative return in cash records $146,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,059/mo property income covering a $3,035/mo payment rather than investor’s personal income.
Single Family
Built in 1979
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48815, Clarksville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 991 (100%) |
| Owner Occupied HU | 819 (82.6%) |
| Renter Occupied HU | 97 ( 9.8%) |
| Vacant Housing Units | 75 ( 7.6%) |
| Median Home Value | $296,429 |
| Average Home Value | $356,136 |
Housing Distribution
Address Breakdown
Residential
941
Single Family
917
Multi-Family
24
Businesses
32
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Listed by: Ingrid J Nelson • Greenridge Realty (Cascade)
Mls Name: MichRIC
Mls ID: #25028040