13569 Washburn St, Detroit, MI, 48238 | $203/mo Cash Flow

For Sale

Listed for sale 2 days ago

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

Investment property for sale in Detroit at 13569 Washburn St, Detroit, MI, 48238 uses $61,659 cash to close to unlock $2,434/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $1,429/mo, and a $910/mo payment keeps the spread at $203/mo. Purchase price stands at $186,000, and rental yield measures 9.22% with $1,429/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $51,388 over five years. Five-year ROI reaches 124.54% and total cumulative return in cash records $76,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,429/mo property income covering a $910/mo payment rather than investor’s personal income.

Single Family

Built in 1927

4,007 sqft lot

$N/A/sqft

No HOA