3662 Trumbull St #31DetroitMI48208
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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 3662 Trumbull St #31, Detroit, MI, 48208 uses $129,162 cash to close to unlock $15,079/yr annual cash flow and $1,257/mo monthly cash flow. Total monthly income runs $3,826/mo, and a $1,907/mo payment keeps the spread at $1,257/mo. Purchase price stands at $389,630, and rental yield measures 11.78% with $3,826/mo rent. Return on cash invested shows 31.58% in year one, and 5% annual appreciation builds toward $107,648 over five years. Five-year ROI reaches 165.99% and total cumulative return in cash records $214,392. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,826/mo property income covering a $1,907/mo payment rather than investor’s personal income.
Townhouse
Built in 2026
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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