4957 Mayfair 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 4957 Mayfair St, Dearborn Heights, MI, 48125 offers a 9.22% rental yield on a $124,000 purchase with $953/mo rent. Total monthly income registers $953/mo, and a $607/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,622/yr on $41,106 to close, and return on cash invested stands at 23.86% in year one. Equity gained on principal adds $800/yr while 5% annual appreciation supports $34,259 over five years. Portfolio math shows five-year ROI at 124.66% and total cumulative return in cash at $51,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $953/mo property income against a $607/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Lawrence • Richter & Associates, Inc.
Mls Name: MichRIC
Mls ID: #25037026