1793 Roslyn RdGrosse Pointe WoodsMI48236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grosse Pointe Woods at 1793 Roslyn Rd, Grosse Pointe Woods, MI, 48236 uses $92,489 cash to close to unlock $3,896/yr annual cash flow and $325/mo monthly cash flow. Total monthly income runs $2,165/mo, and a $1,366/mo payment keeps the spread at $325/mo. Purchase price stands at $279,000, and rental yield measures 9.31% with $2,165/mo rent. Return on cash invested shows 24.12% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 125.96% and total cumulative return in cash records $116,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,165/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1952
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48236, Grosse Pointe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,855 (100%) |
| Owner Occupied HU | 11,100 (86.3%) |
| Renter Occupied HU | 1,173 ( 9.1%) |
| Vacant Housing Units | 582 ( 4.5%) |
| Median Home Value | $365,789 |
| Average Home Value | $440,877 |
Housing Distribution
Address Breakdown
Residential
12,630
Single Family
12,497
Multi-Family
133
Businesses
998
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert J Crandall • Sine & Monaghan LLC
Mls Name: MiRealSource
Mls ID: #50192899