20700 Frazho StSaint Clair ShoresMI48081
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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 Saint Clair Shores at 20700 Frazho St, Saint Clair Shores, MI, 48081 listed at $435,000 pairs $2,952/mo rent with a $2,129/mo payment to leave $84/mo cash flow. Total monthly income runs $2,952/mo, and annual cash flow reaches $1,002/yr on $144,203 cash to close. Return on cash invested measures 20.6% in year one, and rental yield registers 8.14% at a $435,000 basis. Equity gained on principal adds $2,807/yr, and annual property appreciation at 5% supports $120,182 by year five. Five-year ROI tracks 107.1% and total cumulative return in cash totals $154,440. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,952/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48081, Saint Clair Shores, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,416 (100%) |
| Owner Occupied HU | 7,883 (83.7%) |
| Renter Occupied HU | 1,203 (12.8%) |
| Vacant Housing Units | 330 ( 3.5%) |
| Median Home Value | $230,204 |
| Average Home Value | $275,013 |
Housing Distribution
Address Breakdown
Residential
9,382
Single Family
8,746
Multi-Family
636
Businesses
416
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Listed by: Kimberly Dries • Berkshire Hathaway HomeServices Kee Realty
Mls Name: MiRealSource
Mls ID: #50197939