15353 SumnerRedfordMI48239
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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 Redford at 15353 Sumner, Redford, MI, 48239 offers a 9.57% rental yield on a $149,000 purchase with $1,188/mo rent. Total monthly income registers $1,188/mo, and a $729/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,468/yr on $49,394 to close, and return on cash invested stands at 24.91% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 130.2% and total cumulative return in cash at $64,312. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,188/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48239, Redford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,269 (100%) |
| Owner Occupied HU | 11,232 (73.6%) |
| Renter Occupied HU | 3,490 (22.9%) |
| Vacant Housing Units | 547 ( 3.6%) |
| Median Home Value | $160,996 |
| Average Home Value | $202,329 |
Housing Distribution
Address Breakdown
Residential
15,044
Single Family
14,336
Multi-Family
708
Businesses
968
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