29243 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 29243 Boston St, Saint Clair Shores, MI, 48081 earns $599/mo cash flow from $2,116/mo rent with a $1,126/mo payment. Total monthly income totals $2,116/mo, and annual cash flow totals $7,188/yr on $76,245 capital. ROI tracks 29.34% on current figures, and rental yield reads 11.04% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 153.92% and total cumulative return in cash sums $117,355. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,116/mo property income instead of your personal income.
Single Family
Built in 1955
5,662 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: Kathy Furlong • Keller Williams Lakeside
Mls Name: Realcomp II
Mls ID: #20251043459