7403 Midland St, Detroit, MI, 48238 | 4.3% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Detroit at 7403 Midland St, Detroit, MI, 48238 offers a 4.3% rental yield on a $350,000 purchase with $1,255/mo rent. 02% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 44.95% and total cumulative return in cash at $52,154. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,255/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1928

4,791 sqft lot

$N/A/sqft

No HOA