24532 Greenhill RdWarrenMI48091
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 24532 Greenhill Rd, Warren, MI, 48091 in Warren speaks for itself: 13.14% gross on a $140,000 price, generating $1,533/mo in rent and $610/mo in net income after the $630/mo debt service. DSCR 2.43, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,317 stacks alongside $38,679 in projected five-year appreciation and $1,289/yr in principal reduction. Projected total cumulative return: $92,544.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 7.2% |
| Monthly Cash Flow | $610 | $450 |
City averages based on Warren 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 | $1,533 |
| Total Monthly Debt Service | $868 |
| DSCR Ratio | 1.77x |
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 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48091, Warren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,459 (100%) |
| Owner Occupied HU | 8,240 (61.2%) |
| Renter Occupied HU | 4,146 (30.8%) |
| Vacant Housing Units | 1,073 ( 8.0%) |
| Median Home Value | $159,378 |
| Average Home Value | $188,888 |
Housing Distribution
Address Breakdown
Residential
12,396
Single Family
11,641
Multi-Family
755
Businesses
826
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 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48091, Warren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,459 (100%) |
| Owner Occupied HU | 8,240 (61.2%) |
| Renter Occupied HU | 4,146 (30.8%) |
| Vacant Housing Units | 1,073 ( 8.0%) |
| Median Home Value | $159,378 |
| Average Home Value | $188,888 |
Housing Distribution
Address Breakdown
Residential
12,396
Single Family
11,641
Multi-Family
755
Businesses
826
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices