9646 Ward StDetroitMI48227
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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 Detroit at 9646 Ward St, Detroit, MI, 48227 earns $119/mo cash flow from $817/mo rent with a $518/mo payment. Total monthly income totals $817/mo, and annual cash flow totals $1,428/yr on $35,106 capital. ROI tracks 23.98% on current figures, and rental yield reads 9.26% at a $105,900 purchase. Equity gained on principal adds $683/yr, and 5% annual appreciation supports $29,258 over five years. Five-year ROI reaches 125.2% and total cumulative return in cash sums $43,952. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $817/mo property income instead of your personal income.
Single Family
Built in 1949
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48227, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,587 (100%) |
| Owner Occupied HU | 8,649 (46.5%) |
| Renter Occupied HU | 7,045 (37.9%) |
| Vacant Housing Units | 2,893 (15.6%) |
| Median Home Value | $81,704 |
| Average Home Value | $139,011 |
Housing Distribution
Address Breakdown
Residential
16,077
Single Family
14,819
Multi-Family
1,258
Businesses
927
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