8868 WinstonRedfordMI48239
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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 Redford at 8868 Winston, Redford, MI, 48239 with 5% annual appreciation on a $208,500 basis while $1,856/mo rent supports operations. Total monthly income totals $1,856/mo and a $1,021/mo payment preserves $481/mo for cash returns. Annual cash flow comes to $5,767/yr on $69,118 deployed, and return on cash invested reaches 28.25% in year one. Equity gained on principal adds $1,345/yr, and five-year appreciation sums $57,605 alongside rental yield of 10.68%. Five-year ROI measures 148.15% and total cumulative return in cash totals $102,397.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,856/mo property income versus a $1,021/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48239, Redford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,269 (100%) |
| Owner Occupied HU | 11,232 (73.6%) |
| Renter Occupied HU | 3,490 (22.9%) |
| Vacant Housing Units | 547 ( 3.6%) |
| Median Home Value | $160,996 |
| Average Home Value | $202,329 |
Housing Distribution
Address Breakdown
Residential
15,044
Single Family
14,336
Multi-Family
708
Businesses
968
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