11741 Kenmoor StDetroitMI48205
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11741 Kenmoor St, Detroit, MI, 48205 in Detroit deserves attention. This $101,999 property earns $2,563/mo in rent, a 30.16% gross yield, and nets $1,891/mo after the $459/mo payment. DSCR 5.58 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $28,180 compounds alongside $939/yr in yearly equity build, for a total cumulative return of $160,514.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 30.2% | 9.2% |
| Monthly Cash Flow | $1,891 | $450 |
City averages based on Detroit market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,563 |
| Total Monthly Debt Service | $632 |
| DSCR Ratio | 4.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1949
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48205, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,957 (100%) |
| Owner Occupied HU | 6,481 (46.4%) |
| Renter Occupied HU | 5,046 (36.2%) |
| Vacant Housing Units | 2,430 (17.4%) |
| Median Home Value | $55,600 |
| Average Home Value | $102,023 |
Housing Distribution
Address Breakdown
Residential
12,202
Single Family
11,858
Multi-Family
344
Businesses
550
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
Single Family
Built in 1949
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48205, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,957 (100%) |
| Owner Occupied HU | 6,481 (46.4%) |
| Renter Occupied HU | 5,046 (36.2%) |
| Vacant Housing Units | 2,430 (17.4%) |
| Median Home Value | $55,600 |
| Average Home Value | $102,023 |
Housing Distribution
Address Breakdown
Residential
12,202
Single Family
11,858
Multi-Family
344
Businesses
550
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices