7 Branford LnDearbornMI48120
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 7 Branford Ln, Dearborn, MI, 48120 in Dearborn delivers $3,050/mo in gross rent and $347/mo in net monthly income at a $409,900 entry. The 8.93% yield and 1.65 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $113,248 over five years and $3,775/yr in equity from loan paydown, total projected return is $178,532.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 8.0% |
| Monthly Cash Flow | $347 | $350 |
City averages based on Dearborn market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,050 |
| Total Monthly Debt Service | $2,540 |
| DSCR Ratio | 1.20x |
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 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48120, Dearborn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,013 (100%) |
| Owner Occupied HU | 1,141 (37.9%) |
| Renter Occupied HU | 1,625 (53.9%) |
| Vacant Housing Units | 247 ( 8.2%) |
| Median Home Value | $267,370 |
| Average Home Value | $291,535 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
1,837
Multi-Family
799
Businesses
260
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 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48120, Dearborn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,013 (100%) |
| Owner Occupied HU | 1,141 (37.9%) |
| Renter Occupied HU | 1,625 (53.9%) |
| Vacant Housing Units | 247 ( 8.2%) |
| Median Home Value | $267,370 |
| Average Home Value | $291,535 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
1,837
Multi-Family
799
Businesses
260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices