303 N 5th StSaint ClairMI48079
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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 at 303 N 5th St, Saint Clair, MI, 48079 uses $69,582 cash to close to unlock $3,362/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $1,664/mo, and a $1,027/mo payment keeps the spread at $280/mo. Purchase price stands at $209,900, and rental yield measures 9.51% with $1,664/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 129.34% and total cumulative return in cash records $89,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,664/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 1896
5,227 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Nancy Feldmann • RE/MAX First
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50172736
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