22925 Gary LnSaint 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 22925 Gary Ln, Saint Clair Shores, MI, 48080 uses $51,349 cash to close to unlock $2,384/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,220/mo, and a $758/mo payment keeps the spread at $199/mo. Purchase price stands at $154,900, and rental yield measures 9.45% with $1,220/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 128.31% and total cumulative return in cash records $65,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,220/mo property income covering a $758/mo payment rather than investor’s personal income.
Townhouse
Built in 1950
N/A 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: Eric Goosen • Berkshire Hathaway HomeServices Kee Realty SCS
Mls Name: MiRealSource
Mls ID: #50187896