5642 Weddell 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 5642 Weddell St, Dearborn Heights, MI, 48125 offers $1,536/mo rent that, after a $1,076/mo payment, leaves $86/mo cash flow. Total monthly income is $1,536/mo, and annual cash flow is $1,034/yr on $72,897 cash. Return on cash invested measures 21.33% in year one, and rental yield stands at 8.38% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 111.04% and total cumulative return in cash reaches $80,944. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,536/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
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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Nearby investment properties with comparable prices
Listed by: Hassan Zein • Empire Realty Group
Mls Name: Realcomp II
Mls ID: #20251054314