9352 Lake Ridge DrClarkstonMI48348
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 9352 Lake Ridge Dr, Clarkston, MI, 48348 in Clarkston speaks for itself: 13% gross on a $799,900 price, generating $8,669/mo in rent and $3,356/mo in net income after the $3,597/mo debt service. DSCR 2.41, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $40,276 stacks alongside $220,998 in projected five-year appreciation and $7,367/yr in principal reduction. Projected total cumulative return: $520,858.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 7.5% |
| Monthly Cash Flow | $3,356 | $450 |
City averages based on Clarkston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,669 |
| Total Monthly Debt Service | $4,994 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2024
1.01 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48348, Clarkston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,379 (100%) |
| Owner Occupied HU | 8,668 (92.4%) |
| Renter Occupied HU | 426 ( 4.5%) |
| Vacant Housing Units | 285 ( 3.0%) |
| Median Home Value | $455,248 |
| Average Home Value | $478,258 |
Housing Distribution
Address Breakdown
Residential
9,569
Single Family
9,091
Multi-Family
478
Businesses
206
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 2024
1.01 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48348, Clarkston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,379 (100%) |
| Owner Occupied HU | 8,668 (92.4%) |
| Renter Occupied HU | 426 ( 4.5%) |
| Vacant Housing Units | 285 ( 3.0%) |
| Median Home Value | $455,248 |
| Average Home Value | $478,258 |
Housing Distribution
Address Breakdown
Residential
9,569
Single Family
9,091
Multi-Family
478
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices