17245 Lee StSouthfieldMI48075
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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 Southfield at 17245 Lee St, Southfield, MI, 48075 earns $820/mo cash flow from $3,128/mo rent with a $1,713/mo payment. Total monthly income totals $3,128/mo, and annual cash flow totals $9,842/yr on $115,992 capital. ROI tracks 28.39% on current figures, and rental yield reads 10.73% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 148.9% and total cumulative return in cash sums $172,710. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,128/mo property income instead of your personal income.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48075, Southfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,504 (100%) |
| Owner Occupied HU | 6,113 (58.2%) |
| Renter Occupied HU | 3,727 (35.5%) |
| Vacant Housing Units | 664 ( 6.3%) |
| Median Home Value | $253,171 |
| Average Home Value | $298,568 |
Housing Distribution
Address Breakdown
Residential
10,112
Single Family
6,473
Multi-Family
3,639
Businesses
1,720
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Listed by: Robert Kabbani • Keller Williams Legacy
Mls Name: Realcomp II
Mls ID: #20251037994