9858 Forest Ridge DrClarkstonMI48348
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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
Investment property for sale in Clarkston at 9858 Forest Ridge Dr, Clarkston, MI, 48348 uses $210,231 cash to close to unlock $4,880/yr annual cash flow and $407/mo monthly cash flow. Total monthly income runs $4,621/mo, and a $3,128/mo payment keeps the spread at $407/mo. Purchase price stands at $639,000, and rental yield measures 8.68% with $4,621/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 116.61% and total cumulative return in cash records $245,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,621/mo property income covering a $3,128/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.59 Acres lot
$N/A/sqft
No 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
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