28560 Sutherland StSouthfieldMI48076
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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 Southfield at 28560 Sutherland St, Southfield, MI, 48076 listed at $200,000 pairs $1,413/mo rent with a $979/mo payment to leave $94/mo cash flow. Total monthly income runs $1,413/mo, and annual cash flow reaches $1,128/yr on $66,300 cash to close. Return on cash invested measures 21.61% in year one, and rental yield registers 8.48% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 112.48% and total cumulative return in cash totals $74,576. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,413/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48076, Southfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,404 (100%) |
| Owner Occupied HU | 8,138 (71.4%) |
| Renter Occupied HU | 2,845 (24.9%) |
| Vacant Housing Units | 421 ( 3.7%) |
| Median Home Value | $263,247 |
| Average Home Value | $282,492 |
Housing Distribution
Address Breakdown
Residential
11,096
Single Family
9,196
Multi-Family
1,900
Businesses
1,364
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Listed by: Brad Haugk • Fathom Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25004430
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.