5095 Van Dyke StDetroitMI48213
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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 5095 Van Dyke St, Detroit, MI, 48213 offers a 9.19% rental yield on a $201,000 purchase with $1,540/mo rent. Total monthly income registers $1,540/mo, and a $984/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,572/yr on $66,632 to close, and return on cash invested stands at 23.77% in year one. Equity gained on principal adds $1,297/yr while 5% annual appreciation supports $55,533 over five years. Portfolio math shows five-year ROI at 124.12% and total cumulative return in cash at $82,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,540/mo property income against a $984/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1918
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48213, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,567 (100%) |
| Owner Occupied HU | 4,184 (43.7%) |
| Renter Occupied HU | 3,253 (34.0%) |
| Vacant Housing Units | 2,130 (22.3%) |
| Median Home Value | $56,098 |
| Average Home Value | $106,616 |
Housing Distribution
Address Breakdown
Residential
7,726
Single Family
7,316
Multi-Family
410
Businesses
517
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