4863 Glenis 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 4863 Glenis St, Dearborn Heights, MI, 48125 priced at $195,000 converts $1,537/mo rent into $252/mo cash flow after a $954/mo obligation. Total monthly income equals $1,537/mo, and annual cash flow totals $3,018/yr on $64,643 invested. Return on cash invested prints 24.58% in year one, and rental yield reads 9.46% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 128.44% and total cumulative return in cash sums $83,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,537/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1965
10,018 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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Listed by: Joseph Ayers • 3DX Real Estate LLC
Mls Name: Realcomp II
Mls ID: #20251049274