20009 Lesure StDetroitMI48235
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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 20009 Lesure St, Detroit, MI, 48235 listed at $143,900 pairs $2,294/mo rent with a $704/mo payment to leave $1,345/mo cash flow. Total monthly income runs $2,294/mo, and annual cash flow reaches $16,144/yr on $47,703 cash to close. Return on cash invested measures 53.75% in year one, and rental yield registers 19.13% at a $143,900 basis. Equity gained on principal adds $929/yr, and annual property appreciation at 5% supports $39,757 by year five. Five-year ROI tracks 284.89% and total cumulative return in cash totals $135,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,294/mo property income relative to a $704/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48235, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,262 (100%) |
| Owner Occupied HU | 10,030 (52.1%) |
| Renter Occupied HU | 7,437 (38.6%) |
| Vacant Housing Units | 1,795 ( 9.3%) |
| Median Home Value | $93,913 |
| Average Home Value | $127,245 |
Housing Distribution
Address Breakdown
Residential
18,178
Single Family
16,284
Multi-Family
1,894
Businesses
960
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