1119 Custer St, Detroit, MI, 48211 | 4.01% Rental Yield

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,438/mo, and a $2,105/mo payment. Purchase price stands at $430,000, and rental yield measures 4.01% with $1,438/mo rent. Return on cash invested shows 8.14% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 40.24% and total cumulative return in cash records $57,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,438/mo property income covering a $2,105/mo payment rather than investor’s personal income.

Multi Family

Built in 1910

3,049 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48211, Detroit, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,350 (100%)
Owner Occupied HU	931 (39.6%)
Renter Occupied HU	851 (36.2%)
Vacant Housing Units	568 (24.2%)
Median Home Value	$60,946
Average Home Value	$153,473