4489 Westpoint StDearborn HeightsMI48125
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
Investment Highlights
Investment property for sale in Dearborn Heights at 4489 Westpoint St, Dearborn Heights, MI, 48125 uses $59,339 cash to close to unlock $2,984/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,429/mo, and a $876/mo payment keeps the spread at $249/mo. Purchase price stands at $179,000, and rental yield measures 9.58% with $1,429/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 130.36% and total cumulative return in cash records $77,355. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,429/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1943
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Salzeider • Hard Core Capital Investments
Mls Name: MichRIC
Mls ID: #25046458