2984 Leslie St, Detroit, MI, 48238 | $333/mo Cash Flow

For Sale

Rental Income

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 Detroit at 2984 Leslie St, Detroit, MI, 48238 uses $58,013 cash to close to unlock $3,990/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $1,487/mo, and a $857/mo payment keeps the spread at $333/mo. Purchase price stands at $175,000, and rental yield measures 10.2% with $1,487/mo rent. Return on cash invested shows 26.79% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 140.3% and total cumulative return in cash records $81,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,487/mo property income covering a $857/mo payment rather than investor’s personal income.

Multi Family

Built in 1926

4,356 sqft lot

$N/A/sqft

No HOA