9069 Apple Ridge DrClarksvilleMI48815
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 9069 Apple Ridge Dr, Clarksville, MI, 48815 in Clarksville. Rental yield 7.04%. The 1.30 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $103,578 and $3,453/yr in principal reduction project total return of $125,303.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.3% |
| Monthly Cash Flow | $(273) | $350 |
City averages based on Clarksville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,200 |
| Total Monthly Debt Service | $2,323 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexis Hass • Century 21 Affiliated
Mls Name: Greater Lansing AOR
Mls ID: #290977