159 Dwight StRiver RougeMI48218
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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 River Rouge at 159 Dwight St, River Rouge, MI, 48218 uses $49,692 cash to close to unlock $1,754/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,135/mo, and a $734/mo payment keeps the spread at $146/mo. Purchase price stands at $149,900, and rental yield measures 9.09% with $1,135/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 122.38% and total cumulative return in cash records $60,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,135/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1917
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48218, River Rouge, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,292 (100%) |
| Owner Occupied HU | 1,532 (46.5%) |
| Renter Occupied HU | 1,194 (36.3%) |
| Vacant Housing Units | 566 (17.2%) |
| Median Home Value | $69,308 |
| Average Home Value | $118,450 |
Housing Distribution
Address Breakdown
Residential
2,782
Single Family
2,619
Multi-Family
163
Businesses
154
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Listed by: Dennis Tallon II • Real Estate One-Commerce
Mls Name: Realcomp II
Mls ID: #20251053811