1257 Jerry AveMadison HeightsMI48071
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1257 Jerry Ave, Madison Heights, MI, 48071 in Madison Heights at $235,000 earns $1,773/mo in rent and nets $181/mo after the $1,057/mo payment, a 9.05% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $64,926 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $2,164/yr in principal paydown, total projected return reaches $101,384.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $181 | $250 |
City averages based on Madison Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,773 |
| Total Monthly Debt Service | $1,499 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48071, Madison Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,231 (100%) |
| Owner Occupied HU | 8,366 (58.8%) |
| Renter Occupied HU | 5,264 (37.0%) |
| Vacant Housing Units | 601 ( 4.2%) |
| Median Home Value | $197,440 |
| Average Home Value | $259,278 |
Housing Distribution
Address Breakdown
Residential
13,452
Single Family
10,881
Multi-Family
2,571
Businesses
1,538
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
Single Family
Built in 1959
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48071, Madison Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,231 (100%) |
| Owner Occupied HU | 8,366 (58.8%) |
| Renter Occupied HU | 5,264 (37.0%) |
| Vacant Housing Units | 601 ( 4.2%) |
| Median Home Value | $197,440 |
| Average Home Value | $259,278 |
Housing Distribution
Address Breakdown
Residential
13,452
Single Family
10,881
Multi-Family
2,571
Businesses
1,538
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rajasekaran Mohan • eHomes Realty
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251014405
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-07-07 07:33:36 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702