458 Hague StDetroitMI48202
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
Investment property for sale in Detroit at 458 Hague St, Detroit, MI, 48202 at $339,900 posts ROI 21.88% with $185/mo cash flow from $2,427/mo rent. Total monthly income equals $2,427/mo, and annual cash flow records $2,222/yr on $112,677 to close. Return on cash invested measures 21.88% and rental yield reads 8.57% at the current $339,900. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 by year five. Five-year ROI prints 113.99% and total cumulative return in cash totals $128,435.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,427/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48202, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,134 (100%) |
| Owner Occupied HU | 2,253 (20.2%) |
| Renter Occupied HU | 6,556 (58.9%) |
| Vacant Housing Units | 2,325 (20.9%) |
| Median Home Value | $260,755 |
| Average Home Value | $317,030 |
Housing Distribution
Address Breakdown
Residential
8,614
Single Family
4,239
Multi-Family
4,375
Businesses
886
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Nearby investment properties with comparable prices