23024 Playview 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 23024 Playview St, Saint Clair Shores, MI, 48082 listed at $259,900 pairs $2,053/mo rent with a $1,272/mo payment to leave $339/mo cash flow. Total monthly income runs $2,053/mo, and annual cash flow reaches $4,070/yr on $86,157 cash to close. Return on cash invested measures 24.63% in year one, and rental yield registers 9.48% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 128.75% and total cumulative return in cash totals $110,926. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,053/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
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 |
Housing Distribution
Address Breakdown
Residential
7,496
Single Family
7,049
Multi-Family
447
Businesses
234
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Listed by: Holly Amato • EXP Realty Main
Mls Name: Realcomp II
Mls ID: #20261003899