18441 Warrington DrDetroitMI48221
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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
Total monthly income runs $1,750/mo, and a $1,419/mo payment. Purchase price stands at $289,900, and rental yield measures 7.24% with $1,750/mo rent. Return on cash invested shows 17.89% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 92.57% and total cumulative return in cash records $88,965. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,750/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1952
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48221, Detroit, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,884 (100%) |
| Owner Occupied HU | 9,442 (55.9%) |
| Renter Occupied HU | 5,410 (32.0%) |
| Vacant Housing Units | 2,032 (12.0%) |
| Median Home Value | $172,950 |
| Average Home Value | $218,945 |
Housing Distribution
Address Breakdown
Residential
14,905
Single Family
14,062
Multi-Family
843
Businesses
888
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