6429 N Beech Daly RdDearborn HeightsMI48127
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 6429 N Beech Daly Rd, Dearborn Heights, MI, 48127 in Dearborn Heights hard to pass up. The 11.04% gross yield on a $274,900 purchase results in $2,530/mo in rent and $717/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.05). Annual cash flow of $8,601, five-year appreciation of $75,950, and $2,532/yr in equity build-up combine for a projected total cumulative return of $150,894.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.1% |
| Monthly Cash Flow | $717 | $200 |
City averages based on Dearborn Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,530 |
| Total Monthly Debt Service | $1,703 |
| DSCR Ratio | 1.49x |
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 1940
8,712 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 1940
8,712 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: Kalid Shami • Keller Williams Legacy
Mls Name: Realcomp II
Mls ID: #20251057703