1911 Hyde Park RdDetroitMI48207
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 1911 Hyde Park Rd, Detroit, MI, 48207 in Detroit achieves 1.58, rent of $1,343/mo covers the $849/mo payment 1.5x over at $179,000. Rental yield 9%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $49,454 over five years, with $1,501/yr in principal reduction bringing total projected return to $20,796.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 9.2% |
| Monthly Cash Flow | $(745) | $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 | $1,343 |
| Total Monthly Debt Service | $2,061 |
| DSCR Ratio | 0.65x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48207, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,089 (100%) |
| Owner Occupied HU | 3,076 (21.8%) |
| Renter Occupied HU | 9,104 (64.6%) |
| Vacant Housing Units | 1,909 (13.5%) |
| Median Home Value | $217,828 |
| Average Home Value | $232,766 |
Housing Distribution
Address Breakdown
Residential
11,293
Single Family
5,243
Multi-Family
6,050
Businesses
1,011
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
