20690 California 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 20690 California St, Saint Clair Shores, MI, 48080 offers a 15.93% rental yield on a $197,800 purchase with $2,626/mo rent. Total monthly income registers $2,626/mo, and a $968/mo payment leaves $1,164/mo available for distribution. Annual cash flow reaches $13,970/yr on $65,571 to close, and return on cash invested stands at 41.21% in year one. Equity gained on principal adds $1,276/yr while 5% annual appreciation supports $54,648 over five years. Portfolio math shows five-year ROI at 218.72% and total cumulative return in cash at $143,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,626/mo property income against a $968/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A