1211 Torrey RdGrosse Pointe WoodsMI48236
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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 Grosse Pointe Woods at 1211 Torrey Rd, Grosse Pointe Woods, MI, 48236 offers a 9.42% rental yield on a $417,900 purchase with $3,282/mo rent. Total monthly income registers $3,282/mo, and a $2,045/mo payment leaves $527/mo available for distribution. Annual cash flow reaches $6,319/yr on $138,534 to close, and return on cash invested stands at 24.47% in year one. Equity gained on principal adds $2,697/yr while 5% annual appreciation supports $115,458 over five years. Portfolio math shows five-year ROI at 127.84% and total cumulative return in cash at $177,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,282/mo property income against a $2,045/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48236, Grosse Pointe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,855 (100%) |
| Owner Occupied HU | 11,100 (86.3%) |
| Renter Occupied HU | 1,173 ( 9.1%) |
| Vacant Housing Units | 582 ( 4.5%) |
| Median Home Value | $365,789 |
| Average Home Value | $440,877 |
Housing Distribution
Address Breakdown
Residential
12,630
Single Family
12,497
Multi-Family
133
Businesses
998
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Listed by: Daniel Amato • O'Connor Realty Detroit, LLC
Mls Name: Realcomp II
Mls ID: #20250037079