2039 Ewald Cir, Detroit, MI, 48238 | $164/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
950 sft

42743 Sheldon Pl APT 107, Clinton Township, MI, 48038

3 Bed
2 Bath
1186 sft

16660 Ardmore St, Detroit, MI, 48235

3 Bed
3 Bath
2601 sft

12244 Kilbourne St, Detroit, MI, 48213

3 Bed
1 Bath
1036 sft

4052 Bayhan St, Inkster, MI, 48141

Nearby investment properties with comparable prices

3 Bed
2 Bath
1174 sft

11741 Kenmoor St, Detroit, MI, 48205

2 Bed
1 Bath
837 sft

29265 Hayes Rd #3, Warren, MI, 48088

3 Bed
1 Bath
1100 sft

19160 Gilchrist St, Detroit, MI, 48235

3 Bed
1 Bath
924 sft

7284 Orchard Ave, Warren, MI, 48091

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Detroit at 2039 Ewald Cir, Detroit, MI, 48238 earns $164/mo cash flow from $955/mo rent with a $587/mo payment. Total monthly income totals $955/mo, and annual cash flow totals $1,970/yr on $39,747 capital. ROI tracks 24.87% on current figures, and rental yield reads 9.56% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 130.06% and total cumulative return in cash sums $51,696. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $955/mo property income instead of your personal income.

Single Family

Built in 1944

3,049 sqft lot

$N/A/sqft

No HOA