663 N Riverside AveSaint ClairMI48079
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
Rental property for sale in Saint Clair at 663 N Riverside Ave, Saint Clair, MI, 48079 priced at $599,000 converts $2,712/mo rent into after a $2,932/mo obligation. Total monthly income equals $2,712/mo. Return on cash invested prints 12.52% in year one, and rental yield reads 5.43% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 63.72% and total cumulative return in cash sums $125,578. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,712/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.48 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Stefanie Distelrath • Sine & Monaghan Realtors LLC St Clair
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50170110
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