23113 Euclid 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
Rental property for sale in Saint Clair Shores at 23113 Euclid St, Saint Clair Shores, MI, 48082 generates $2,094/mo in rent and, after a $1,294/mo payment, leaves $351/mo in cash flow. Total monthly income is $2,094/mo, and annual cash flow is $4,206/yr on $87,649 invested. Return on cash invested sits at 24.71% in year one, and rental yield is 9.5% on a $264,400 entry. Equity gained on principal adds $1,706/yr, while 5% annual appreciation builds toward $73,049 over five years. Five-year ROI reaches 129.13% and total cumulative return in cash sums $113,179. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,094/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
6,969 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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