Investor loans ยท Hamburg Township, MI
DSCR and investor loans in Hamburg Township, MI
What a rental here earns against what it costs, the deals on the market, and lenders who finance investors.
- Homes for sale now
- 0
- MLS and Zillow listings, for sale or pending
- Median sale price
- $387,500
- Homes sold in the last 12 months
- Census median rent
- $1,110
- What renters here pay a month
The numbers for Hamburg Township
Worked from the local figures above. Each one says what it assumes; your own numbers come from your lender, agent or title company.
Rent to price
0.85%
A month's rent ($3,300) over the median asking price ($387,500); 1% is the old rule of thumb
Gross yield
10.2%
A year's rent over the price, before taxes, insurance, repairs and vacancy
25% down on the median
$97,000
What most DSCR lenders ask an investor to bring
Investor loans nearby
Who you are dealing with
Tevin Jackson, founder of Rebuild Detroit
Tevin Jackson founded Rebuild Detroit to put Metro Detroit's homes, numbers and local pros in one place you can trust. Every figure on this Hamburg Township page says where it comes from, and every pro listed is ranked the same way, by reviews, license and years in business.
- Detroit real estate investor
- Author of Against All Odds and The Spark
- Helped scale 100+ home service brands