A+100
Detroit, MI 48228
11350 Evergreen Ave
$20,000
$20,000
A+100
3d
$887/mo
Estimated monthly Section 8 cashflow
Refreshed Jul 6, 2026
11350 Evergreen Ave
Detroit, MI 48228
3 bd · 1 ba · 736 sqft
Est. rent $1,440/mo · HUD 2025 SAFMR · ZIP 48228
$20,000
A+100
3d
$887/mo
11350 Evergreen Ave
Detroit, MI 48228
3 bd · 1 ba · 736 sqft
Est. rent $1,440/mo · HUD 2025 SAFMR · ZIP 48228
Refreshed Jul 6, 2026
Deal verdict
3d on marketA+100
Cashflow/mo
$887/moCash-flowing
List price
$20,000
3d on market
Cap rate
59.3%
Cash-on-cash
190%
DSCR
9.71x
Cashflow breakdown
Cash-flowing
Section 8 rent$1,440
Property tax-$26
From listing data
Net monthly cashflow$887
Annual cashflow
$10,639
30-yr trend
Assumes 25% down · 7.20% APR · 30-yr fixed. Open the calculator to change assumptions.
Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.
30-year projection
FRED-driven
Total cashflow
$642,741
Appreciation
$28,545
Total return
11987%
Annualized IRR
17.3%
Cumulative cashflow
| Yr | Rent | NOI | Cashflow | Value |
|---|---|---|---|---|
| 1 | $18k | $12k | $11k | $21k |
Location
Flood & safety context
Local crime data unavailable — awaiting a geography-correct published release.
Flood data is shown when available.