13420 Couwlier AveWarrenMI48089
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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
Investment Highlights
Investment property for sale in Warren at 13420 Couwlier Ave, Warren, MI, 48089 offers a 9.44% rental yield on a $154,900 purchase with $1,219/mo rent. Total monthly income registers $1,219/mo, and a $758/mo payment leaves $198/mo available for distribution. Annual cash flow reaches $2,372/yr on $51,349 to close, and return on cash invested stands at 24.53% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 128.2% and total cumulative return in cash at $65,828. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,219/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,276 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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Listed by: Allen Kathawa • Brookstone, Realtors LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50188271
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