4193 Detroit 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
Rental property for sale in Dearborn Heights at 4193 Detroit St, Dearborn Heights, MI, 48125 generates $1,145/mo in rent and, after a $744/mo payment, leaves $143/mo in cash flow. Total monthly income is $1,145/mo, and annual cash flow is $1,711/yr on $50,386 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 9.04% on a $151,995 entry. Equity gained on principal adds $981/yr, while 5% annual appreciation builds toward $41,993 over five years. Five-year ROI reaches 121.62% and total cumulative return in cash sums $61,280. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,145/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
5,227 sqft 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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