276 Marston StDetroitMI48202
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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
Investment Highlights
Investment property for sale in Detroit at 276 Marston St, Detroit, MI, 48202 at $120,000 posts ROI 23.59% with $122/mo cash flow from $913/mo rent. Total monthly income equals $913/mo, and annual cash flow records $1,464/yr on $39,780 to close. Return on cash invested measures 23.59% and rental yield reads 9.13% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 123.09% and total cumulative return in cash totals $48,967.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $913/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1912
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48202, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,134 (100%) |
| Owner Occupied HU | 2,253 (20.2%) |
| Renter Occupied HU | 6,556 (58.9%) |
| Vacant Housing Units | 2,325 (20.9%) |
| Median Home Value | $260,755 |
| Average Home Value | $317,030 |
Housing Distribution
Address Breakdown
Residential
8,614
Single Family
4,239
Multi-Family
4,375
Businesses
886
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