9171 W Outer DrDetroitMI48219
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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
Total monthly income runs $1,819/mo, and a $1,610/mo payment. Purchase price stands at $329,000, and rental yield measures 6.63% with $1,819/mo rent. Return on cash invested shows 16.05% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 82.72% and total cumulative return in cash records $90,213. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,819/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 1936
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48219, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,087 (100%) |
| Owner Occupied HU | 10,175 (48.3%) |
| Renter Occupied HU | 8,808 (41.8%) |
| Vacant Housing Units | 2,104 ( 10.0%) |
| Median Home Value | $89,919 |
| Average Home Value | $133,994 |
Housing Distribution
Address Breakdown
Residential
18,789
Single Family
16,030
Multi-Family
2,759
Businesses
818
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