23015 Hoffman St, Saint Clair Shores, MI, 48082 | $720/mo Cash Flow

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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 23015 Hoffman St, Saint Clair Shores, MI, 48082 listed at $220,000 pairs $2,213/mo rent with a $1,077/mo payment to leave $720/mo cash flow. Total monthly income runs $2,213/mo, and annual cash flow reaches $8,638/yr on $72,930 cash to close. Return on cash invested measures 31.75% in year one, and rental yield registers 12.07% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 167.14% and total cumulative return in cash totals $121,895. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,213/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1977

6,098 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