3417 Cochrane StDetroitMI48208
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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 3417 Cochrane St, Detroit, MI, 48208 listed at $335,000 pairs $2,609/mo rent with a $1,640/mo payment to leave $400/mo cash flow. Total monthly income runs $2,609/mo, and annual cash flow reaches $4,794/yr on $111,053 cash to close. Return on cash invested measures 24.23% in year one, and rental yield registers 9.35% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 126.54% and total cumulative return in cash totals $140,528. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,609/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48208, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,108 (100%) |
| Owner Occupied HU | 952 (23.2%) |
| Renter Occupied HU | 2,225 (54.2%) |
| Vacant Housing Units | 931 (22.7%) |
| Median Home Value | $209,073 |
| Average Home Value | $224,176 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
2,406
Multi-Family
1,431
Businesses
262
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