20418 Pleasant StSaint Clair ShoresMI48080








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 Saint Clair Shores at 20418 Pleasant St, Saint Clair Shores, MI, 48080 offers a 13.59% rental yield on a $309,900 purchase with $3,509/mo rent. Total monthly income registers $3,509/mo, and a $1,517/mo payment leaves $1,153/mo available for distribution. Annual cash flow reaches $13,832/yr on $102,732 to close, and return on cash invested stands at 33.37% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,620 over five years. Portfolio math shows five-year ROI at 176.91% and total cumulative return in cash at $181,740. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,509/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48080, Saint Clair Shores, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,263 (100%) |
| Owner Occupied HU | 8,247 (73.2%) |
| Renter Occupied HU | 2,530 (22.5%) |
| Vacant Housing Units | 486 ( 4.3%) |
| Median Home Value | $218,438 |
| Average Home Value | $271,792 |
Housing Distribution
Address Breakdown
Residential
11,126
Single Family
9,753
Multi-Family
1,373
Businesses
1,120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Robert Merry • Remerica United Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #24047311
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








