4017 Pingree StDetroitMI48204
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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 4017 Pingree St, Detroit, MI, 48204 earns $352/mo cash flow from $1,394/mo rent with a $773/mo payment. Total monthly income totals $1,394/mo, and annual cash flow totals $4,229/yr on $52,377 capital. ROI tracks 27.98% on current figures, and rental yield reads 10.59% at a $158,000 purchase. Equity gained on principal adds $1,020/yr, and 5% annual appreciation supports $43,652 over five years. Five-year ROI reaches 146.74% and total cumulative return in cash sums $76,858. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,394/mo property income instead of your personal income.
Multi Family
Built in 1919
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48204, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,759 (100%) |
| Owner Occupied HU | 4,904 (38.4%) |
| Renter Occupied HU | 4,240 (33.2%) |
| Vacant Housing Units | 3,615 (28.3%) |
| Median Home Value | $60,701 |
| Average Home Value | $127,041 |
Housing Distribution
Address Breakdown
Residential
9,625
Single Family
8,888
Multi-Family
737
Businesses
498
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