15478 Northlawn St, Detroit, MI, 48238 | 5.49% Rental Yield

For Sale

Rental Income

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 15478 Northlawn St, Detroit, MI, 48238 earns from $1,235/mo rent with a $1,321/mo payment. Total monthly income totals $1,235/mo. ROI tracks 12.6% on current figures, and rental yield reads 5.49% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 64.22% and total cumulative return in cash sums $57,462. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,235/mo property income instead of your personal income.

Multi Family

Built in 1929

3,049 sqft lot

$N/A/sqft

No HOA