21803 Colony StSaint Clair ShoresMI48080
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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 21803 Colony St, Saint Clair Shores, MI, 48080 earns $172/mo cash flow from $1,286/mo rent with a $827/mo payment. Total monthly income totals $1,286/mo, and annual cash flow totals $2,060/yr on $56,024 capital. ROI tracks 23.59% on current figures, and rental yield reads 9.13% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 123.13% and total cumulative return in cash sums $68,983. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,286/mo property income instead of your personal income.
Single Family
Built in 1942
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
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Listed by: Kurtis Faber • Keller Williams Realty-Great Lakes
Mls Name: Realcomp II
Mls ID: #20251049096