22306 Alger St, Saint Clair Shores, MI, 48080 | $655/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 2 more

6 Bed
2 Bath
2589 sft

141-143 Blaine St, Detroit, MI, 48202

2 Bed
2 Bath
1032 sft

46075 Waco St, Shelby Township, MI, 48317

3 Bed
1 Bath
1088 sft

8530 Saratoga St, Oak Park, MI, 48237

3 Bed
2 Bath
1662 sft

24335 Cottage Ln, Warren, MI, 48089

Nearby investment properties with comparable prices

4 Bed
2 Bath
1200 sft

18251 Prairie St, Detroit, MI, 48221

3 Bed
2 Bath
1456 sft

The Birch Plan, Pine Crest Estates, Chesterfield, MI, 48051

3 Bed
1 Bath
850 sft

35408 Willis St, Clinton Township, MI, 48035

2 Bed
1 Bath
1046 sft

4165 Berkshire Dr, Sterling Heights, MI, 48314

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Saint Clair Shores at 22306 Alger St, Saint Clair Shores, MI, 48080 offers a 11.36% rental yield on a $228,000 purchase with $2,159/mo rent. Total monthly income registers $2,159/mo, and a $1,116/mo payment leaves $655/mo available for distribution. Annual cash flow reaches $7,865/yr on $75,582 to close, and return on cash invested stands at 30.31% in year one. Equity gained on principal adds $1,471/yr while 5% annual appreciation supports $62,992 over five years. Portfolio math shows five-year ROI at 159.23% and total cumulative return in cash at $120,351. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,159/mo property income against a $1,116/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1951

5,227 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