13637 Manor St, Detroit, MI, 48238 | $218/mo Cash Flow

For Sale

Listed for sale 7 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 13637 Manor St, Detroit, MI, 48238 offers a 9.6% rental yield on a $154,900 purchase with $1,239/mo rent. Total monthly income registers $1,239/mo, and a $758/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,612/yr on $51,349 to close, and return on cash invested stands at 25% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 130.67% and total cumulative return in cash at $67,100. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,239/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1926

3,049 sqft lot

$N/A/sqft

No HOA