13912 Harrington DrWarrenMI48088
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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 13912 Harrington Dr, Warren, MI, 48088 generates $2,497/mo in rent and, after a $1,020/mo payment, leaves $928/mo in cash flow. Total monthly income is $2,497/mo, and annual cash flow is $11,135/yr on $69,051 invested. Return on cash invested sits at 36.03% in year one, and rental yield is 14.39% on a $208,300 entry. Equity gained on principal adds $1,344/yr, while 5% annual appreciation builds toward $57,549 over five years. Five-year ROI reaches 191.05% and total cumulative return in cash sums $131,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,497/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
10.51 Acres lot
$N/A/sqft
$195 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48088, Warren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,604 (100%) |
| Owner Occupied HU | 7,927 (82.5%) |
| Renter Occupied HU | 1,430 (14.9%) |
| Vacant Housing Units | 247 ( 2.6%) |
| Median Home Value | $214,473 |
| Average Home Value | $236,080 |
Housing Distribution
Address Breakdown
Residential
9,449
Single Family
8,455
Multi-Family
994
Businesses
289
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