18318 Birchcrest DrDetroitMI48221
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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 Detroit at 18318 Birchcrest Dr, Detroit, MI, 48221 earns $162/mo cash flow from $2,074/mo rent with a $1,419/mo payment. Total monthly income totals $2,074/mo, and annual cash flow totals $1,944/yr on $96,135 capital. ROI tracks 21.93% on current figures, and rental yield reads 8.58% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 114.21% and total cumulative return in cash sums $109,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,074/mo property income instead of your personal income.
Single Family
Built in 1936
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48221, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,884 (100%) |
| Owner Occupied HU | 9,442 (55.9%) |
| Renter Occupied HU | 5,410 (32.0%) |
| Vacant Housing Units | 2,032 (12.0%) |
| Median Home Value | $172,950 |
| Average Home Value | $218,945 |
Housing Distribution
Address Breakdown
Residential
14,905
Single Family
14,062
Multi-Family
843
Businesses
888
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