955 Crispell RdClarklakeMI49234
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 955 Crispell Rd, Clarklake, MI, 49234 in Clarklake. Rental yield 4.62%. At $329,900 with 4.62% gross yield, current distributions are modest, but the 5% appreciation rate projects $91,145 in new equity by year five, complemented by $3,038/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.86) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $67,543.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.0% |
| Monthly Cash Flow | $(905) | $1,200 |
City averages based on Clarklake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,271 |
| Total Monthly Debt Service | $2,044 |
| DSCR Ratio | 0.62x |
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 2022
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49234, Clarklake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 1,033 (73.9%) |
| Renter Occupied HU | 119 ( 8.5%) |
| Vacant Housing Units | 245 (17.5%) |
| Median Home Value | $295,833 |
| Average Home Value | $388,889 |
Housing Distribution
Address Breakdown
Residential
1,287
Single Family
1,287
Multi-Family
0
Businesses
80
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 2022
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49234, Clarklake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 1,033 (73.9%) |
| Renter Occupied HU | 119 ( 8.5%) |
| Vacant Housing Units | 245 (17.5%) |
| Median Home Value | $295,833 |
| Average Home Value | $388,889 |
Housing Distribution
Address Breakdown
Residential
1,287
Single Family
1,287
Multi-Family
0
Businesses
80
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices