4801 Sturtevant StDetroitMI48204
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 4801 Sturtevant St, Detroit, MI, 48204 in Detroit at $294,900 earns $2,022/mo in rent and nets $77/mo after the $1,326/mo payment, a 8.23% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $81,475 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $2,716/yr in principal paydown, total projected return reaches $117,333.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 9.2% |
| Monthly Cash Flow | $77 | $450 |
City averages based on Detroit market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,022 |
| Total Monthly Debt Service | $1,827 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1925
4,791 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
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
Single Family
Built in 1925
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices