2230 Hawthorne Rd, Grosse Pointe Woods, MI, 48236 | $556/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grosse Pointe Woods at 2230 Hawthorne Rd, Grosse Pointe Woods, MI, 48236 offers a 10.59% rental yield on a $248,500 purchase with $2,194/mo rent. Total monthly income registers $2,194/mo, and a $1,216/mo payment leaves $556/mo available for distribution. Annual cash flow reaches $6,667/yr on $82,378 to close, and return on cash invested stands at 28% in year one. Equity gained on principal adds $1,604/yr while 5% annual appreciation supports $68,656 over five years. Portfolio math shows five-year ROI at 146.8% and total cumulative return in cash at $120,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,194/mo property income against a $1,216/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1948

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48236, Grosse Pointe, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,855 (100%)
Owner Occupied HU	11,100 (86.3%)
Renter Occupied HU	1,173 ( 9.1%)
Vacant Housing Units	582 ( 4.5%)
Median Home Value	$365,789
Average Home Value	$440,877