15819 Wisconsin StDetroitMI48238
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 15819 Wisconsin St, Detroit, MI, 48238 in Detroit: $1,648/mo in rent, $561/mo net, 12% gross yield, all on a $164,800 acquisition. The 2.11 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $45,531 in value, and $1,382/yr in principal paydown steadily builds equity. Projected total cumulative return: $95,812.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 9.2% |
| Monthly Cash Flow | $561 | $450 |
City averages based on Detroit market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,648 |
| Total Monthly Debt Service | $1,061 |
| DSCR Ratio | 1.55x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1929
3,920 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
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