21302 Powers AveDearborn HeightsMI48125
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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 21302 Powers Ave, Dearborn Heights, MI, 48125 listed at $146,000 pairs $1,114/mo rent with a $715/mo payment to leave $151/mo cash flow. Total monthly income runs $1,114/mo, and annual cash flow reaches $1,810/yr on $48,399 cash to close. Return on cash invested measures 23.65% in year one, and rental yield registers 9.16% at a $146,000 basis. Equity gained on principal adds $942/yr, and annual property appreciation at 5% supports $40,337 by year five. Five-year ROI tracks 123.42% and total cumulative return in cash totals $59,734. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,114/mo property income relative to a $715/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48125, Dearborn Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,099 (100%) |
| Owner Occupied HU | 6,362 (69.9%) |
| Renter Occupied HU | 2,321 (25.5%) |
| Vacant Housing Units | 416 ( 4.6%) |
| Median Home Value | $128,735 |
| Average Home Value | $167,682 |
Housing Distribution
Address Breakdown
Residential
8,888
Single Family
8,832
Multi-Family
56
Businesses
272
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Listed by: Christopher Plummer • KW Advantage
Mls Name: MichRIC
Mls ID: #25041190