23430 Tireman 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
Rental property for sale in Dearborn Heights at 23430 Tireman St, Dearborn Heights, MI, 48127 generates $2,078/mo in rent and, after a $1,298/mo payment, leaves $329/mo in cash flow. Total monthly income is $2,078/mo, and annual cash flow is $3,950/yr on $87,914 invested. Return on cash invested sits at 24.4% in year one, and rental yield is 9.4% on a $265,200 entry. Equity gained on principal adds $1,711/yr, while 5% annual appreciation builds toward $73,270 over five years. Five-year ROI reaches 127.52% and total cumulative return in cash sums $112,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,078/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
4,356 sqft 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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