21931 Andover DrMacombMI48042
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 21931 Andover Dr, Macomb, MI, 48042 in Macomb: $3,631/mo in rent, $1,457/mo net, 15.13% gross yield, all on a $288,000 acquisition. The 2.80 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $79,569 in value, and $2,653/yr in principal paydown steadily builds equity. Projected total cumulative return: $204,696.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.1% | 6.2% |
| Monthly Cash Flow | $1,457 | $320 |
City averages based on Macomb market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,631 |
| Total Monthly Debt Service | $2,060 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
N/A lot
$N/A/sqft
$275 monthly HOA
Nearby investment properties with comparable rents
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
Condo
Built in 2023
N/A lot
$N/A/sqft
$275 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices