24409 Stanford StDearborn 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 24409 Stanford St, Dearborn Heights, MI, 48125 earns $211/mo cash flow from $1,200/mo rent with a $734/mo payment. Total monthly income totals $1,200/mo, and annual cash flow totals $2,534/yr on $49,692 capital. ROI tracks 25.01% on current figures, and rental yield reads 9.61% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 130.79% and total cumulative return in cash sums $64,991. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.
Single Family
Built in 1949
0.25 Acres 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: John DesJardins • Downriver Property Experts LLC
Mls Name: Realcomp II
Mls ID: #20251035088