9951 Berwyn AveRedfordMI48239
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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 9951 Berwyn Ave, Redford, MI, 48239 offers a 13.29% rental yield on a $169,000 purchase with $1,871/mo rent. Total monthly income registers $1,871/mo, and a $827/mo payment leaves $757/mo available for distribution. Annual cash flow reaches $9,080/yr on $56,024 to close, and return on cash invested stands at 36.12% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 190.28% and total cumulative return in cash at $106,603. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,871/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
5,662 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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