425 Riviera DrSaint Clair ShoresMI48080
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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 425 Riviera Dr, Saint Clair Shores, MI, 48080 priced at $130,000 pairs $1,011/mo rent with $154/mo cash flow after a $636/mo payment. Total monthly income equals $1,011/mo, and annual cash flow comes to $1,848/yr on $43,095 invested. Return on cash invested is 24.2% in year one, and rental yield stands at 9.33% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 126.34% and total cumulative return in cash reaches $54,447. For financing, Ziffy Mortgage’s DSCR program evaluates $1,011/mo property income against a $636/mo payment instead of your W2s, 1099s, or 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: James P Addison • Coldwell Banker Professionals-GPF
Mls Name: Realcomp II
Mls ID: #20251040451