Investment property · DSCR screen

3-bed house in Detroit, MI

Detroit, MI 48234 · Wayne County · Active

3 bed, 1.5 bath house for sale in Detroit, MI
Listed by LeBoursia Realty Group
Beds3
Baths1.5
Sq ft1,600
Year built1940
TypeHouse
Lot5,227 sqft

The I/O payment, line by line

Interest-only debt service
$945
Property tax + insurance
$260
HOA
None reported
Total
$1,205
30-year P&I at 6.375%
$943
30-year PITIA
$1,203

Taxes and insurance are this listing's actual figures ($260/mo), not an estimate. No HOA fee is reported for this listing. On a purchase price of $189,000 (as of August 2026) with 20% down, the loan is $151,200. Rate, term and costs are the published assumptions, not a quote — your actual payment depends on your credit, reserves, entity structure and the appraisal.

Flood risk

1/10
Minimal risk · FEMA zone X (unshaded)

Low modeled flood risk. Standard hazard insurance is normally enough.

Listing facts

Revenue comparables14 · High confidence
ListedMay 6, 2026
Days on market98
StatusActive
Revenue comps14
ConfidenceHigh

Let's polish these numbers

Send it over and we'll tell you how DSCR and all loans pencil for this property and show you the whole market too — no cost, no credit pull.

Prefer to talk now? Call or text Chad: 858-353-8331.

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