9041 Apple Ridge DrClarksvilleMI48815
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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 Clarksville at 9041 Apple Ridge Dr, Clarksville, MI, 48815 uses $124,279 cash to close to unlock $3,860/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $2,794/mo, and a $1,835/mo payment keeps the spread at $322/mo. Purchase price stands at $374,900, and rental yield measures 8.94% with $2,794/mo rent. Return on cash invested shows 23.01% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 120.04% and total cumulative return in cash records $149,179. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,794/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2020
1.05 Acres 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: Kimberly M Southwick • Five Star Real Estate (Ada)
Mls Name: MichRIC
Mls ID: #25046671