23636 Grabar SqWarrenMI48089
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 23636 Grabar Sq, Warren, MI, 48089 in Warren hard to pass up. The 14.66% gross yield on a $140,900 purchase results in $1,721/mo in rent and $792/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.71). Annual cash flow of $9,500, five-year appreciation of $38,928, and $1,298/yr in equity build-up combine for a projected total cumulative return of $104,636.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.7% | 7.2% |
| Monthly Cash Flow | $792 | $450 |
City averages based on Warren market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,721 |
| Total Monthly Debt Service | $873 |
| 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.
Single Family
Built in 1955
7,405 sqft 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
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
Single Family
Built in 1955
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices