4673 Dearborndale Street
Dearborn Heights, MI 48125
Single Family Residence · MLS # 20261090337 · Listing courtesy of Golden Key Realty Group LLC
About this home
Great opportunity to own an income-producing property in Dearborn Heights! Currently leased at $1,800 per month, generating $21,600 in annual gross rental income. Established tenant in place with months of on-time payments, per seller. Tenant is responsible for all utilities, including water, gas, electricity, and trash. Property offers an existing rental income stream with no need to locate a new tenant. Potential for future rental adjustments, subject to applicable requirements and approvals. Convenient addition to a rental property portfolio. Schedule your showing today!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Dearborn Heights
Over the last 90 days, 168 homes sold in Dearborn Heights for a median of $214,750, about $150 per square foot, and the typical one went under contract in 15 days. This home is listed at $235,000, or $153 per square foot, about the same as the city median, and has been on the market 0 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Dearborn Heights sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $5,281 a year. A buyer who lives here would pay about $5,059 to $5,950 a year once the taxable value resets after the sale, at the 2025 homestead rate of 50.14 mills for Dearborn Heights City and Dearborn Heights schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Dearborn Heights
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