28427 Wexford DrWarrenMI48092
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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
Investment property for sale in Warren at 28427 Wexford Dr, Warren, MI, 48092 offers a 6.89% rental yield on a $260,000 purchase with $1,493/mo rent. 82% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 86.77% and total cumulative return in cash at $74,789. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,493/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48092, Warren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,337 (100%) |
| Owner Occupied HU | 8,524 (75.2%) |
| Renter Occupied HU | 2,316 (20.4%) |
| Vacant Housing Units | 497 ( 4.4%) |
| Median Home Value | $229,695 |
| Average Home Value | $271,606 |
Housing Distribution
Address Breakdown
Residential
11,064
Single Family
9,761
Multi-Family
1,303
Businesses
775
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