28151 Cherry StInksterMI48141
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 28151 Cherry St, Inkster, MI, 48141 in Inkster speaks for itself: 21.23% gross on a $126,829 price, generating $2,244/mo in rent and $1,408/mo in net income after the $570/mo debt service. DSCR 3.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,892 stacks alongside $35,041 in projected five-year appreciation and $1,168/yr in principal reduction. Projected total cumulative return: $138,955.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.2% | 8.0% |
| Monthly Cash Flow | $1,408 | $120 |
City averages based on Inkster market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,244 |
| Total Monthly Debt Service | $786 |
| DSCR Ratio | 2.86x |
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 1949
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48141, Inkster, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,453 (100%) |
| Owner Occupied HU | 4,906 (42.8%) |
| Renter Occupied HU | 5,273 (46.0%) |
| Vacant Housing Units | 1,274 (11.1%) |
| Median Home Value | $80,435 |
| Average Home Value | $133,879 |
Housing Distribution
Address Breakdown
Residential
10,454
Single Family
8,889
Multi-Family
1,565
Businesses
375
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 1949
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48141, Inkster, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,453 (100%) |
| Owner Occupied HU | 4,906 (42.8%) |
| Renter Occupied HU | 5,273 (46.0%) |
| Vacant Housing Units | 1,274 (11.1%) |
| Median Home Value | $80,435 |
| Average Home Value | $133,879 |
Housing Distribution
Address Breakdown
Residential
10,454
Single Family
8,889
Multi-Family
1,565
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices