3082 Lindenwood DrDearbornMI48120
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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 at 3082 Lindenwood Dr, Dearborn, MI, 48120 earns $95/mo cash flow from $1,546/mo rent with a $1,077/mo payment. Total monthly income totals $1,546/mo, and annual cash flow totals $1,140/yr on $72,930 capital. ROI tracks 21.47% on current figures, and rental yield reads 8.43% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 111.74% and total cumulative return in cash sums $81,491. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,546/mo property income instead of your personal income.
Townhouse
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48120, Dearborn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,013 (100%) |
| Owner Occupied HU | 1,141 (37.9%) |
| Renter Occupied HU | 1,625 (53.9%) |
| Vacant Housing Units | 247 ( 8.2%) |
| Median Home Value | $267,370 |
| Average Home Value | $291,535 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
1,837
Multi-Family
799
Businesses
260
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