21197 Nummer StWarrenMI48089
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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 21197 Nummer St, Warren, MI, 48089 generates $1,312/mo in rent and, after a $805/mo payment, leaves $227/mo in cash flow. Total monthly income is $1,312/mo, and annual cash flow is $2,728/yr on $54,532 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 9.57% on a $164,500 entry. Equity gained on principal adds $1,061/yr, while 5% annual appreciation builds toward $45,448 over five years. Five-year ROI reaches 130.27% and total cumulative return in cash sums $71,038. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,312/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
0.37 Acres 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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