28925 Boston StSaint Clair ShoresMI48081
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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 28925 Boston St, Saint Clair Shores, MI, 48081 listed at $229,900 pairs $1,854/mo rent with a $1,125/mo payment to leave $338/mo cash flow. Total monthly income runs $1,854/mo, and annual cash flow reaches $4,058/yr on $76,212 cash to close. Return on cash invested measures 25.23% in year one, and rental yield registers 9.68% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 131.99% and total cumulative return in cash totals $100,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,854/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
6,098 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: Katelyn Haskins • Golden Key Realty Group LLC
Mls Name: Realcomp II
Mls ID: #20251051516