22007 Ridgeway 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 22007 Ridgeway St, Saint Clair Shores, MI, 48080 listed at $424,800 pairs $1,439/mo rent with a $2,079/mo payment. Total monthly income runs $1,439/mo. Return on cash invested measures 8.3% in year one, and rental yield registers 4.06% at a $424,800 basis. Equity gained on principal adds $2,741/yr, and annual property appreciation at 5% supports $117,364 by year five. Five-year ROI tracks 41.11% and total cumulative return in cash totals $57,890. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,439/mo property income relative to a $2,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,969 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: Jennifer Caira-Lauff • Real Estate One Chesterfield
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50176129
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