11185 Lillian AveWarrenMI48089
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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
Rental property for sale in Warren at 11185 Lillian Ave, Warren, MI, 48089 generates $2,507/mo in rent and, after a $1,076/mo payment, leaves $782/mo in cash flow. Total monthly income is $2,507/mo, and annual cash flow is $9,380/yr on $72,864 invested. Return on cash invested sits at 32.78% in year one, and rental yield is 13.69% on a $219,800 entry. Equity gained on principal adds $1,418/yr, while 5% annual appreciation builds toward $60,727 over five years. Five-year ROI reaches 174.09% and total cumulative return in cash sums $126,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,507/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48089, Warren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,372 (100%) |
| Owner Occupied HU | 7,050 (52.7%) |
| Renter Occupied HU | 5,303 (39.7%) |
| Vacant Housing Units | 1,019 ( 7.6%) |
| Median Home Value | $128,692 |
| Average Home Value | $152,605 |
Housing Distribution
Address Breakdown
Residential
12,436
Single Family
11,180
Multi-Family
1,256
Businesses
1,008
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