495 N Main StDetroitTX75436
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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 495 N Main St, Detroit, TX, 75436 uses $56,024 cash to close to unlock $14,813/yr annual cash flow and $1,234/mo monthly cash flow. Total monthly income runs $2,436/mo, and a $827/mo payment keeps the spread at $1,234/mo. Purchase price stands at $169,000, and rental yield measures 17.3% with $2,436/mo rent. Return on cash invested shows 46.35% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 245.89% and total cumulative return in cash records $137,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,436/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75436, Detroit, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 630 (68.2%) |
| Renter Occupied HU | 188 (20.3%) |
| Vacant Housing Units | 106 (11.5%) |
| Median Home Value | $187,209 |
| Average Home Value | $224,754 |
Housing Distribution
Address Breakdown
Residential
890
Single Family
890
Multi-Family
0
Businesses
41
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Listed by: Moussa Mikhel • Texas Premier Realty
Mls Name: NTREIS
Mls ID: #20718197
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.