28812 Boston StSaint Clair ShoresMI48081
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 28812 Boston St, Saint Clair Shores, MI, 48081 earns $325/mo cash flow from $2,138/mo rent with a $1,346/mo payment. Total monthly income totals $2,138/mo, and annual cash flow totals $3,894/yr on $91,163 capital. ROI tracks 24.18% on current figures, and rental yield reads 9.33% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 126.29% and total cumulative return in cash sums $115,127. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,138/mo property income instead of your personal income.
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48081, Saint Clair Shores, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,416 (100%) |
| Owner Occupied HU | 7,883 (83.7%) |
| Renter Occupied HU | 1,203 (12.8%) |
| Vacant Housing Units | 330 ( 3.5%) |
| Median Home Value | $230,204 |
| Average Home Value | $275,013 |
Housing Distribution
Address Breakdown
Residential
9,382
Single Family
8,746
Multi-Family
636
Businesses
416
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Listed by: Dori Daskas • Coldwell Banker Professionals-GPF
Mls Name: Realcomp II
Mls ID: #20251061028