22629 Detour StSaint Clair ShoresMI48082
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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 22629 Detour St, Saint Clair Shores, MI, 48082 earns $1,046/mo cash flow from $2,365/mo rent with a $979/mo payment. Total monthly income totals $2,365/mo, and annual cash flow totals $12,552/yr on $66,300 capital. ROI tracks 38.84% on current figures, and rental yield reads 14.19% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 204.88% and total cumulative return in cash sums $135,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,365/mo property income instead of your personal income.
Single Family
Built in 1927
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48082, Saint Clair Shores, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,636 (100%) |
| Owner Occupied HU | 6,360 (83.3%) |
| Renter Occupied HU | 998 (13.1%) |
| Vacant Housing Units | 278 ( 3.6%) |
| Median Home Value | $221,528 |
| Average Home Value | $271,960 |
Housing Distribution
Address Breakdown
Residential
7,496
Single Family
7,049
Multi-Family
447
Businesses
234
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Listed by: Taylor Smith • Berkshire Hathaway HomeServices Kee Realty SCS
Mls Name: Realcomp II
Mls ID: #20251049292