825 Nightingale StDearbornMI48128
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 825 Nightingale St, Dearborn, MI, 48128 in Dearborn: $4,300/mo in rent, $1,597/mo net, 12.59% gross yield, all on a $409,900 acquisition. The 2.33 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $113,248 in value, and $3,775/yr in principal paydown steadily builds equity. Projected total cumulative return: $258,956.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 8.0% |
| Monthly Cash Flow | $1,597 | $350 |
City averages based on Dearborn market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,300 |
| Total Monthly Debt Service | $2,540 |
| DSCR Ratio | 1.69x |
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 1964
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48128, Dearborn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,261 (100%) |
| Owner Occupied HU | 3,704 (86.9%) |
| Renter Occupied HU | 392 ( 9.2%) |
| Vacant Housing Units | 165 ( 3.9%) |
| Median Home Value | $256,719 |
| Average Home Value | $311,234 |
Housing Distribution
Address Breakdown
Residential
4,317
Single Family
4,167
Multi-Family
150
Businesses
150
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 1964
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48128, Dearborn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,261 (100%) |
| Owner Occupied HU | 3,704 (86.9%) |
| Renter Occupied HU | 392 ( 9.2%) |
| Vacant Housing Units | 165 ( 3.9%) |
| Median Home Value | $256,719 |
| Average Home Value | $311,234 |
Housing Distribution
Address Breakdown
Residential
4,317
Single Family
4,167
Multi-Family
150
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices