9367 Clewley RdLachineMI49753
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
Investment Highlights
Investment property for sale in Lachine at 9367 Clewley Rd, Lachine, MI, 49753 earns $97/mo cash flow from $1,943/mo rent with a $1,370/mo payment. Total monthly income totals $1,943/mo, and annual cash flow totals $1,166/yr on $92,787 capital. ROI tracks 21.17% on current figures, and rental yield reads 8.33% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 110.15% and total cumulative return in cash sums $102,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,943/mo property income instead of your personal income.
Single Family
Built in 2004
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49753, Lachine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 761 (55.9%) |
| Renter Occupied HU | 88 ( 6.5%) |
| Vacant Housing Units | 513 (37.7%) |
| Median Home Value | $183,553 |
| Average Home Value | $211,659 |
Housing Distribution
Address Breakdown
Residential
936
Single Family
936
Multi-Family
0
Businesses
22
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Nearby investment properties with comparable prices
Listed by: Paul A Momrik • CENTURY 21 NORTHLAND of ALPENA
Mls Name: WWMLS
Mls Provider:
Mls ID: #201837176
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