29213 Joan 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 29213 Joan St, Saint Clair Shores, MI, 48081 earns from $1,967/mo rent with a $1,468/mo payment. Total monthly income totals $1,967/mo. ROI tracks 19.78% on current figures, and rental yield reads 7.87% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 102.71% and total cumulative return in cash sums $102,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,967/mo property income instead of your personal income.
Single Family
Built in 1954
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: Zachary Brown • Vanguard Realty Group
Mls Name: Realcomp II
Mls ID: #20261000396