163 Moss StHighland ParkMI48203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Highland Park rentals match the income profile of 163 Moss St, Highland Park, MI, 48203. Listed at $185,000, gross rent is $1,732/mo and net cash flow is $512/mo, a 11.23% yield well above national averages. DSCR 2.08 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $51,112 by year five with $1,704/yr in annual principal reduction, projecting $103,445 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 9.0% |
| Monthly Cash Flow | $512 | $850 |
City averages based on Highland Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,732 |
| Total Monthly Debt Service | $1,146 |
| DSCR Ratio | 1.51x |
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 1921
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48203, Highland Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 4,387 (35.1%) |
| Renter Occupied HU | 5,373 (43.0%) |
| Vacant Housing Units | 2,729 (21.9%) |
| Median Home Value | $78,032 |
| Average Home Value | $184,025 |
Housing Distribution
Address Breakdown
Residential
9,992
Single Family
7,632
Multi-Family
2,360
Businesses
784
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 1921
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48203, Highland Park, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 4,387 (35.1%) |
| Renter Occupied HU | 5,373 (43.0%) |
| Vacant Housing Units | 2,729 (21.9%) |
| Median Home Value | $78,032 |
| Average Home Value | $184,025 |
Housing Distribution
Address Breakdown
Residential
9,992
Single Family
7,632
Multi-Family
2,360
Businesses
784
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Caldwell • Caldwell Realty and Associates
Mls Name: MichRIC
Mls ID: #26003718