13501 Mettetal StDetroitMI48227
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 13501 Mettetal St, Detroit, MI, 48227 in Detroit speaks for itself: 11.67% gross on a $255,500 price, generating $2,484/mo in rent and $799/mo in net income after the $1,149/mo debt service. DSCR 2.16, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,589 stacks alongside $70,590 in projected five-year appreciation and $2,353/yr in principal reduction. Projected total cumulative return: $148,760.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 9.2% |
| Monthly Cash Flow | $799 | $450 |
City averages based on Detroit market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,484 |
| Total Monthly Debt Service | $1,583 |
| DSCR Ratio | 1.57x |
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 1929
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48227, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,587 (100%) |
| Owner Occupied HU | 8,649 (46.5%) |
| Renter Occupied HU | 7,045 (37.9%) |
| Vacant Housing Units | 2,893 (15.6%) |
| Median Home Value | $81,704 |
| Average Home Value | $139,011 |
Housing Distribution
Address Breakdown
Residential
16,077
Single Family
14,819
Multi-Family
1,258
Businesses
927
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 1929
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48227, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,587 (100%) |
| Owner Occupied HU | 8,649 (46.5%) |
| Renter Occupied HU | 7,045 (37.9%) |
| Vacant Housing Units | 2,893 (15.6%) |
| Median Home Value | $81,704 |
| Average Home Value | $139,011 |
Housing Distribution
Address Breakdown
Residential
16,077
Single Family
14,819
Multi-Family
1,258
Businesses
927
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices