4901 Cornell 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
Investment property for sale in Dearborn Heights at 4901 Cornell St, Dearborn Heights, MI, 48125 uses $36,465 cash to close to unlock $1,896/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $883/mo, and a $538/mo payment keeps the spread at $158/mo. Purchase price stands at $110,000, and rental yield measures 9.63% with $883/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 131.24% and total cumulative return in cash records $47,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $883/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1939
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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Listed by: Anne V Deleo • Lenox Realty & Management
Mls Name: Realcomp II
Mls ID: #20251036917