18499 Kesh StSouthfieldMI48076
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 18499 Kesh St, Southfield, MI, 48076 in Southfield at $299,900 earns $1,994/mo in rent and nets $17/mo after the $1,349/mo payment, a 7.98% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $82,857 over five years. Ziffy Mortgage underwrites this on a 1.48 DSCR without U.S. credit history. With $2,762/yr in principal paydown, total projected return reaches $115,315.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.1% |
| Monthly Cash Flow | $17 | $350 |
City averages based on Southfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,994 |
| Total Monthly Debt Service | $1,858 |
| DSCR Ratio | 1.07x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48076, Southfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,404 (100%) |
| Owner Occupied HU | 8,138 (71.4%) |
| Renter Occupied HU | 2,845 (24.9%) |
| Vacant Housing Units | 421 ( 3.7%) |
| Median Home Value | $263,247 |
| Average Home Value | $282,492 |
Housing Distribution
Address Breakdown
Residential
11,096
Single Family
9,196
Multi-Family
1,900
Businesses
1,364
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
Single Family
Built in 1964
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48076, Southfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,404 (100%) |
| Owner Occupied HU | 8,138 (71.4%) |
| Renter Occupied HU | 2,845 (24.9%) |
| Vacant Housing Units | 421 ( 3.7%) |
| Median Home Value | $263,247 |
| Average Home Value | $282,492 |
Housing Distribution
Address Breakdown
Residential
11,096
Single Family
9,196
Multi-Family
1,900
Businesses
1,364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Realcomp II
Mls ID: #20261019671