3019 Pasadena StDetroitMI48238
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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 3019 Pasadena St, Detroit, MI, 48238 earns $493/mo cash flow from $1,416/mo rent with a $685/mo payment. Total monthly income totals $1,416/mo, and annual cash flow totals $5,916/yr on $46,410 capital. ROI tracks 32.66% on current figures, and rental yield reads 12.14% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 171.74% and total cumulative return in cash sums $79,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,416/mo property income instead of your personal income.
Multi Family
Built in 1927
3,920 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices