5212 University PlDetroitMI48224
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 5212 University Pl, Detroit, MI, 48224 at $115,900 posts ROI 23.84% with $126/mo cash flow from $890/mo rent. Total monthly income equals $890/mo, and annual cash flow records $1,512/yr on $38,421 to close. Return on cash invested measures 23.84% and rental yield reads 9.21% at the current $115,900. Equity gained on principal adds $748/yr, and 5% annual appreciation supports $32,021 by year five. Five-year ROI prints 124.44% and total cumulative return in cash totals $47,812.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $890/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1939
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48224, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,694 (100%) |
| Owner Occupied HU | 8,149 (48.8%) |
| Renter Occupied HU | 6,022 (36.1%) |
| Vacant Housing Units | 2,523 (15.1%) |
| Median Home Value | $88,052 |
| Average Home Value | $142,625 |
Housing Distribution
Address Breakdown
Residential
14,750
Single Family
14,168
Multi-Family
582
Businesses
676
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Nearby investment properties with comparable prices
