412 Riviera DrSaint Clair ShoresMI48080
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 412 Riviera Dr, Saint Clair Shores, MI, 48080 at $135,900 posts ROI 25.13% with $196/mo cash flow from $1,092/mo rent. Total monthly income equals $1,092/mo, and annual cash flow records $2,352/yr on $45,051 to close. Return on cash invested measures 25.13% and rental yield reads 9.64% at the current $135,900. Equity gained on principal adds $877/yr, and 5% annual appreciation supports $37,547 by year five. Five-year ROI prints 131.36% and total cumulative return in cash totals $59,179.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,092/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48080, Saint Clair Shores, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,263 (100%) |
| Owner Occupied HU | 8,247 (73.2%) |
| Renter Occupied HU | 2,530 (22.5%) |
| Vacant Housing Units | 486 ( 4.3%) |
| Median Home Value | $218,438 |
| Average Home Value | $271,792 |
Housing Distribution
Address Breakdown
Residential
11,126
Single Family
9,753
Multi-Family
1,373
Businesses
1,120
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Listed by: Kimberly Valice • Sine & Monaghan LLC
Mls Name: MiRealSource
Mls ID: #50197060