4935 28th StDetroitMI48210
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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 4935 28th St, Detroit, MI, 48210 listed at $169,900 pairs $1,331/mo rent with a $832/mo payment to leave $210/mo cash flow. Total monthly income runs $1,331/mo, and annual cash flow reaches $2,522/yr on $56,322 cash to close. Return on cash invested measures 24.39% in year one, and rental yield registers 9.4% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 127.48% and total cumulative return in cash totals $71,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,331/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
4,791 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
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