1444 S Liddesdale StDetroitMI48217
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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 Detroit at 1444 S Liddesdale St, Detroit, MI, 48217 offers a 9.01% rental yield on a $125,000 purchase with $939/mo rent. Total monthly income registers $939/mo, and a $612/mo payment leaves $115/mo available for distribution. Annual cash flow reaches $1,374/yr on $41,438 to close, and return on cash invested stands at 23.22% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 121.24% and total cumulative return in cash at $50,237. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $939/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48217, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,025 (100%) |
| Owner Occupied HU | 1,748 (57.8%) |
| Renter Occupied HU | 956 (31.6%) |
| Vacant Housing Units | 321 (10.6%) |
| Median Home Value | $78,432 |
| Average Home Value | $247,887 |
Housing Distribution
Address Breakdown
Residential
2,699
Single Family
2,509
Multi-Family
190
Businesses
159
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