19682 Jeanette StSouthfieldMI48075
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 Southfield at 19682 Jeanette St, Southfield, MI, 48075 offers a 9.18% rental yield on a $180,000 purchase with $1,377/mo rent. Total monthly income registers $1,377/mo, and a $881/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,280/yr on $59,670 to close, and return on cash invested stands at 23.73% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 123.85% and total cumulative return in cash at $73,901. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,377/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
5,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Tripon • Community Choice Realty Inc
Mls Name: Realcomp II
Mls ID: #20251055973