14011-14013 Northlawn StDetroitMI48238
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 14011-14013 Northlawn St, Detroit, MI, 48238 in Detroit hard to pass up. The 12.47% gross yield on a $135,000 purchase results in $1,403/mo in rent and $513/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.31). Annual cash flow of $6,153, five-year appreciation of $37,298, and $1,243/yr in equity build-up combine for a projected total cumulative return of $84,458.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 9.2% |
| Monthly Cash Flow | $513 | $450 |
City averages based on Detroit market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,403 |
| Total Monthly Debt Service | $837 |
| DSCR Ratio | 1.68x |
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.
Multi Family
Built in 1929
3,484 sqft lot
$N/A/sqft
No HOA
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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
Multi Family
Built in 1929
3,484 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices