3717 Greusel StDetroitMI48210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Detroit at 3717 Greusel St, Detroit, MI, 48210 generates $2,378/mo in rent and, after a $979/mo payment, leaves $1,059/mo in cash flow. Total monthly income is $2,378/mo, and annual cash flow is $12,708/yr on $66,300 invested. Return on cash invested sits at 39.08% in year one, and rental yield is 14.27% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 206.15% and total cumulative return in cash sums $136,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,378/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48210, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,129 (100%) |
| Owner Occupied HU | 4,783 (47.2%) |
| Renter Occupied HU | 3,329 (32.9%) |
| Vacant Housing Units | 2,017 (19.9%) |
| Median Home Value | $63,473 |
| Average Home Value | $120,444 |
Housing Distribution
Address Breakdown
Residential
8,292
Single Family
8,051
Multi-Family
241
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices