4902 Fleming 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 4902 Fleming St, Dearborn Heights, MI, 48125 uses $62,952 cash to close to unlock $7,370/yr annual cash flow and $614/mo monthly cash flow. Total monthly income runs $1,866/mo, and a $929/mo payment keeps the spread at $614/mo. Purchase price stands at $189,900, and rental yield measures 11.79% with $1,866/mo rent. Return on cash invested shows 31.62% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 166.21% and total cumulative return in cash records $104,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,866/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1964
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: Mike Nehme • Keller Williams Legacy
Mls Name: Realcomp II
Mls ID: #20251060463