4649 Jonathon StDearbornMI48126
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $289,999, 4649 Jonathon St, Dearborn, MI, 48126 in Dearborn generates $2,096/mo in rent (8.67% yield) but nets only $184/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.61) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $80,121. Total projected return: $122,276.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 8.0% |
| Monthly Cash Flow | $184 | $350 |
City averages based on Dearborn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,096 |
| Total Monthly Debt Service | $1,797 |
| DSCR Ratio | 1.17x |
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.
Multi Family
Built in 1928
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48126, Dearborn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,299 (100%) |
| Owner Occupied HU | 9,434 (54.5%) |
| Renter Occupied HU | 6,827 (39.5%) |
| Vacant Housing Units | 1,038 ( 6.0%) |
| Median Home Value | $230,619 |
| Average Home Value | $294,571 |
Housing Distribution
Address Breakdown
Residential
15,536
Single Family
13,909
Multi-Family
1,627
Businesses
1,654
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
Multi Family
Built in 1928
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48126, Dearborn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,299 (100%) |
| Owner Occupied HU | 9,434 (54.5%) |
| Renter Occupied HU | 6,827 (39.5%) |
| Vacant Housing Units | 1,038 ( 6.0%) |
| Median Home Value | $230,619 |
| Average Home Value | $294,571 |
Housing Distribution
Address Breakdown
Residential
15,536
Single Family
13,909
Multi-Family
1,627
Businesses
1,654
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices