408 Country Club DrSaint Clair ShoresMI48082
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 408 Country Club Dr, Saint Clair Shores, MI, 48082 at $199,900 posts ROI 28.41% with $469/mo cash flow from $1,787/mo rent. Total monthly income equals $1,787/mo, and annual cash flow records $5,630/yr on $66,267 to close. Return on cash invested measures 28.41% and rental yield reads 10.73% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 149% and total cumulative return in cash totals $98,737.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,787/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1984
N/A lot
$N/A/sqft
No 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: Giovanni Spadafora • KW Platinum
Mls Name: MiRealSource
Mls ID: #50196237