22437 Milner 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
Rental property for sale in Saint Clair Shores at 22437 Milner St, Saint Clair Shores, MI, 48081 generates $2,465/mo in rent, after a $1,909/mo payment. Total monthly income is $2,465/mo. Return on cash invested sits at 18.92% in year one, and rental yield is 7.58% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 98.04% and total cumulative return in cash sums $126,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,465/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
6,098 sqft 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: Michael Mitchell • Berkshire Hathaway HomeServices Kee Realty SCS
Mls Name: MiRealSource
Mls ID: #50196425