22929 E Thirteen Mile Rd, Saint Clair Shores, MI, 48082 | $834/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saint Clair Shores at 22929 E Thirteen Mile Rd, Saint Clair Shores, MI, 48082 offers a 12.46% rental yield on a $220,000 purchase with $2,285/mo rent. Total monthly income registers $2,285/mo, and a $1,077/mo payment leaves $834/mo available for distribution. Annual cash flow reaches $10,008/yr on $72,930 to close, and return on cash invested stands at 33.63% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 176.95% and total cumulative return in cash at $129,047. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,285/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

5,227 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