20100 Wexford StDetroitMI48234
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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 20100 Wexford St, Detroit, MI, 48234 listed at $104,999 pairs $795/mo rent with a $514/mo payment to leave $103/mo cash flow. Total monthly income runs $795/mo, and annual cash flow reaches $1,230/yr on $34,807 cash to close. Return on cash invested measures 23.44% in year one, and rental yield registers 9.09% at a $104,999 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,009 by year five. Five-year ROI tracks 122.39% and total cumulative return in cash totals $42,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $795/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48234, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,955 (100%) |
| Owner Occupied HU | 6,850 (49.1%) |
| Renter Occupied HU | 5,234 (37.5%) |
| Vacant Housing Units | 1,871 (13.4%) |
| Median Home Value | $72,388 |
| Average Home Value | $146,872 |
Housing Distribution
Address Breakdown
Residential
12,727
Single Family
11,682
Multi-Family
1,045
Businesses
787
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