23245 Hunters LnSouthfieldMI48033
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 23245 Hunters Ln, Southfield, MI, 48033 in Southfield: $1,963/mo in rent, $578/mo net, 11.22% gross yield, all on a $210,000 acquisition. The 2.08 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $58,019 in value, and $1,934/yr in principal paydown steadily builds equity. Projected total cumulative return: $117,223.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.1% |
| Monthly Cash Flow | $578 | $350 |
City averages based on Southfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,963 |
| Total Monthly Debt Service | $1,301 |
| DSCR Ratio | 1.51x |
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 1952
0.90 Acres lot
$N/A/sqft
No HOA
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 1952
0.90 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Austin Black II • @properties Christie's Int'l R.E. Detroit
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251059243