316 Country Club DrSaint Clair ShoresMI48082
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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
Rental property for sale in Saint Clair Shores at 316 Country Club Dr, Saint Clair Shores, MI, 48082 priced at $192,000 pairs $1,970/mo rent with $478/mo cash flow after a $940/mo payment. Total monthly income equals $1,970/mo, and annual cash flow comes to $5,731/yr on $63,648 invested. Return on cash invested is 28.91% in year one, and rental yield stands at 12.31% on a $192,000 basis. Equity gained on principal adds $1,239/yr, and 5% annual appreciation accumulates to $53,046 by year five. Five-year ROI measures 153.23% and total cumulative return in cash reaches $97,528. For financing, Ziffy Mortgage’s DSCR program evaluates $1,970/mo property income against a $940/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
$226 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48082, Saint Clair Shores, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,636 (100%) |
| Owner Occupied HU | 6,360 (83.3%) |
| Renter Occupied HU | 998 (13.1%) |
| Vacant Housing Units | 278 ( 3.6%) |
| Median Home Value | $221,528 |
| Average Home Value | $271,960 |
Housing Distribution
Address Breakdown
Residential
7,496
Single Family
7,049
Multi-Family
447
Businesses
234
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Listed by: Amy Van Osdol • Sine & Monaghan LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50163389
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