19061 Collinson AveEastpointeMI48021
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 19061 Collinson Ave, Eastpointe, MI, 48021 in Eastpointe speaks for itself: 12.72% gross on a $232,000 price, generating $2,459/mo in rent and $923/mo in net income after the $1,043/mo debt service. DSCR 2.36, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,075 stacks alongside $64,097 in projected five-year appreciation and $2,137/yr in principal reduction. Projected total cumulative return: $147,835.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 8.0% |
| Monthly Cash Flow | $923 | $550 |
City averages based on Eastpointe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,459 |
| Total Monthly Debt Service | $1,444 |
| DSCR Ratio | 1.70x |
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 1946
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48021, Eastpointe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,721 (100%) |
| Owner Occupied HU | 8,850 (64.5%) |
| Renter Occupied HU | 4,338 (31.6%) |
| Vacant Housing Units | 533 ( 3.9%) |
| Median Home Value | $132,729 |
| Average Home Value | $169,372 |
Housing Distribution
Address Breakdown
Residential
13,433
Single Family
12,805
Multi-Family
628
Businesses
1,046
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 1946
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48021, Eastpointe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,721 (100%) |
| Owner Occupied HU | 8,850 (64.5%) |
| Renter Occupied HU | 4,338 (31.6%) |
| Vacant Housing Units | 533 ( 3.9%) |
| Median Home Value | $132,729 |
| Average Home Value | $169,372 |
Housing Distribution
Address Breakdown
Residential
13,433
Single Family
12,805
Multi-Family
628
Businesses
1,046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Louis Collura • Real Estate Info Centers
Mls Name: MichRIC
Mls Provider:
Mls ID: #25034393
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.