4962 Ternes StDearbornMI48126
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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 at 4962 Ternes St, Dearborn, MI, 48126 offers $2,108/mo rent that, after a $871/mo payment, leaves $935/mo cash flow. Total monthly income is $2,108/mo, and annual cash flow is $11,215/yr on $58,974 cash. Return on cash invested measures 38.93% in year one, and rental yield stands at 14.22% at a $177,900 entry. Equity gained on principal adds $1,148/yr while 5% annual appreciation compounds into $49,150 by year five. Five-year ROI records 205.38% and total cumulative return in cash reaches $121,121. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,108/mo property income versus a $871/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
4,007 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
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