538 N 2nd StSaint ClairMI48079
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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
Investment property for sale in Saint Clair at 538 N 2nd St, Saint Clair, MI, 48079 offers a 6.88% rental yield on a $470,000 purchase with $2,695/mo rent. 8% in year one. Equity gained on principal adds $3,033/yr while 5% annual appreciation supports $129,852 over five years. Portfolio math shows five-year ROI at 86.68% and total cumulative return in cash at $135,045. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,695/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
10,018 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mark Ellis • Real Estate One Port Huron
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50178077
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