3787 Shepherd RdSaint LouisMI48880
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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 Louis at 3787 Shepherd Rd, Saint Louis, MI, 48880 priced at $475,000 converts $3,083/mo rent into after a $2,325/mo obligation. Total monthly income equals $3,083/mo. Return on cash invested prints 19.53% in year one, and rental yield reads 7.79% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 101.36% and total cumulative return in cash sums $159,607. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,083/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 2020
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48880, Saint Louis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 2,138 (70.3%) |
| Renter Occupied HU | 655 (21.5%) |
| Vacant Housing Units | 249 ( 8.2%) |
| Median Home Value | $155,172 |
| Average Home Value | $183,709 |
Housing Distribution
Address Breakdown
Residential
2,909
Single Family
2,809
Multi-Family
100
Businesses
192
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Listed by: Cesar Ortega • Ayre/Rhinehart Bay REALTORS
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50174631
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