22063 Andover DrMacombMI48042
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Macomb rentals match the income profile of 22063 Andover Dr, Macomb, MI, 48042. Listed at $282,900, gross rent is $4,001/mo and net cash flow is $1,860/mo, a 16.97% yield well above national averages. DSCR 3.15 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $78,160 by year five with $2,606/yr in annual principal reduction, projecting $228,737 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17% | 6.2% |
| Monthly Cash Flow | $1,860 | $320 |
City averages based on Macomb market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,001 |
| Total Monthly Debt Service | $2,028 |
| DSCR Ratio | 1.97x |
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 2021
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 2021
N/A lot
$N/A/sqft
$275 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices