8135 Wood Dr, Grosse Ile, MI, 48138 | $520/mo Cash Flow

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 Grosse Ile at 8135 Wood Dr, Grosse Ile, MI, 48138 offers a 9.33% rental yield on a $440,000 purchase with $3,422/mo rent. Total monthly income registers $3,422/mo, and a $2,154/mo payment leaves $520/mo available for distribution. Annual cash flow reaches $6,240/yr on $145,860 to close, and return on cash invested stands at 24.19% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,564 over five years. Portfolio math shows five-year ROI at 126.31% and total cumulative return in cash at $184,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,422/mo property income against a $2,154/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1963

0.37 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48138, Grosse Ile, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,486 (100%)
Owner Occupied HU	3,999 (89.1%)
Renter Occupied HU	294 ( 6.6%)
Vacant Housing Units	193 ( 4.3%)
Median Home Value	$391,254
Average Home Value	$436,998