20253 Winthrop StDetroitMI48235
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.12% yield at 20253 Winthrop St, Detroit, MI, 48235 in Detroit is solid, but the $656/mo payment compresses net cash flow to $147/mo at $145,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $40,309 by year five, and $1,344/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.69) without U.S. income documentation. Total projected return: $65,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 9.2% |
| Monthly Cash Flow | $147 | $450 |
City averages based on Detroit market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,109 |
| Total Monthly Debt Service | $904 |
| DSCR Ratio | 1.23x |
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 1947
6,098 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
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 1947
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices