6840 N Silvery LnDearborn HeightsMI48127
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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
Total monthly income runs $2,034/mo, and a $1,810/mo payment. Purchase price stands at $369,900, and rental yield measures 6.6% with $2,034/mo rent. Return on cash invested shows 15.95% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 82.15% and total cumulative return in cash records $100,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 1969
6,098 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
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Listed by: Moussa Sobh • Empire Realty Group
Mls Name: Realcomp II
Mls ID: #20251057639