3253 Eastridge DrDexterMI48130
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 3253 Eastridge Dr, Dexter, MI, 48130 in Dexter at $554,900. Rental yield 6.54%. The 6.54% yield and 1.21 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $153,309 by year five, and $5,111/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $168,667.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 5.5% |
| Monthly Cash Flow | $(666) | $450 |
City averages based on Dexter market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,022 |
| Total Monthly Debt Service | $3,468 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2013
0.28 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48130, Dexter, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,147 (100%) |
| Owner Occupied HU | 5,316 (86.5%) |
| Renter Occupied HU | 586 ( 9.5%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $464,823 |
| Average Home Value | $515,768 |
Housing Distribution
Address Breakdown
Residential
6,303
Single Family
6,154
Multi-Family
149
Businesses
541
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 2013
0.28 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48130, Dexter, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,147 (100%) |
| Owner Occupied HU | 5,316 (86.5%) |
| Renter Occupied HU | 586 ( 9.5%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $464,823 |
| Average Home Value | $515,768 |
Housing Distribution
Address Breakdown
Residential
6,303
Single Family
6,154
Multi-Family
149
Businesses
541
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hari K Kakumanu • Community Choice Realty Associates, LLC
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250021273
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-04-02 02:23:17 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702