20615 California St,Saint Clair Shores,MI,48080

Investment Highlights

Investment property for sale in Saint Clair Shores at 20615 California St, Saint Clair Shores, MI, 48080 listed at $220,000 pairs $1,470/mo rent with a $1,077/mo payment to leave $19/mo cash flow. Total monthly income runs $1,470/mo, and annual cash flow reaches $228/yr on $72,930 cash to close. Return on cash invested measures 20.22% in year one, and rental yield registers 8.02% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 105.04% and total cumulative return in cash totals $76,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,470/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).