20491 Klinger StDetroitMI48234
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 20491 Klinger St, Detroit, MI, 48234 in Detroit hard to pass up. The 13.57% gross yield on a $115,000 purchase results in $1,300/mo in rent and $542/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.51). Annual cash flow of $6,500, five-year appreciation of $31,772, and $1,059/yr in equity build-up combine for a projected total cumulative return of $78,707.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.6% | 9.2% |
| Monthly Cash Flow | $542 | $450 |
City averages based on Detroit market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,300 |
| Total Monthly Debt Service | $713 |
| DSCR Ratio | 1.82x |
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 1946
3,920 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
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 1946
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices