991 E Euclid StDetroitMI48211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 991 E Euclid St, Detroit, MI, 48211 listed at $425,000 pairs $2,334/mo rent with a $2,080/mo payment. Total monthly income runs $2,334/mo. Return on cash invested measures 15.92% in year one, and rental yield registers 6.59% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 81.98% and total cumulative return in cash totals $115,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,334/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48211, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,350 (100%) |
| Owner Occupied HU | 931 (39.6%) |
| Renter Occupied HU | 851 (36.2%) |
| Vacant Housing Units | 568 (24.2%) |
| Median Home Value | $60,946 |
| Average Home Value | $153,473 |
Housing Distribution
Address Breakdown
Residential
1,944
Single Family
1,816
Multi-Family
128
Businesses
369
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices