6159 N Highland StDearborn HeightsMI48127
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 6159 N Highland St, Dearborn Heights, MI, 48127 in Dearborn Heights. Priced at $265,000, it generates $2,366/mo in gross rent and $619/mo in net monthly cash flow, a 10.72% yield that comfortably supports the 1.98 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,426. Five-year appreciation: $73,215. Equity from principal paydown: $2,441/yr. Total projected cumulative return: $140,755.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.1% |
| Monthly Cash Flow | $619 | $200 |
City averages based on Dearborn Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,366 |
| Total Monthly Debt Service | $1,642 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48127, Dearborn Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,700 (100%) |
| Owner Occupied HU | 10,652 (72.5%) |
| Renter Occupied HU | 3,391 (23.1%) |
| Vacant Housing Units | 657 ( 4.5%) |
| Median Home Value | $251,728 |
| Average Home Value | $305,679 |
Housing Distribution
Address Breakdown
Residential
14,626
Single Family
13,568
Multi-Family
1,058
Businesses
817
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
Single Family
Built in 1958
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48127, Dearborn Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,700 (100%) |
| Owner Occupied HU | 10,652 (72.5%) |
| Renter Occupied HU | 3,391 (23.1%) |
| Vacant Housing Units | 657 ( 4.5%) |
| Median Home Value | $251,728 |
| Average Home Value | $305,679 |
Housing Distribution
Address Breakdown
Residential
14,626
Single Family
13,568
Multi-Family
1,058
Businesses
817
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Billy Sobh • Keller Williams Legacy
Mls Name: Realcomp II
Mls ID: #20251039575