9069 Apple Ridge DrClarksvilleMI48815
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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
Rental property for sale in Clarksville at 9069 Apple Ridge Dr, Clarksville, MI, 48815 generates $2,200/mo in rent, after a $1,835/mo payment. Total monthly income is $2,200/mo. Return on cash invested sits at 17.28% in year one, and rental yield is 7.04% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 89.28% and total cumulative return in cash sums $110,959. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,200/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
1.01 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: Alexis Hass • Century 21 Affiliated
Mls Name: Greater Lansing AOR
Mls ID: #290977