1511 Kinmore StDearborn HeightsMI48127
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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 Dearborn Heights at 1511 Kinmore St, Dearborn Heights, MI, 48127 offers a 7.34% rental yield on a $565,000 purchase with $3,458/mo rent. 33% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 94.9% and total cumulative return in cash at $176,403. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,458/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48127, Dearborn Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,700 (100%) |
| Owner Occupied HU | 10,652 (72.5%) |
| Renter Occupied HU | 3,391 (23.1%) |
| Vacant Housing Units | 657 ( 4.5%) |
| Median Home Value | $251,728 |
| Average Home Value | $305,679 |
Housing Distribution
Address Breakdown
Residential
14,626
Single Family
13,568
Multi-Family
1,058
Businesses
817
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Listed by: Amy Petryczkowycz • Opul Realty
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250024545
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 2025-04-13 07:54:29 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702