29101 Hayes RdWarrenMI48088
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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 29101 Hayes Rd, Warren, MI, 48088 earns $159/mo cash flow from $950/mo rent with a $587/mo payment. Total monthly income totals $950/mo, and annual cash flow totals $1,908/yr on $39,780 capital. ROI tracks 24.71% on current figures, and rental yield reads 9.5% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 129.07% and total cumulative return in cash sums $51,343. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $950/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48088, Warren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,604 (100%) |
| Owner Occupied HU | 7,927 (82.5%) |
| Renter Occupied HU | 1,430 (14.9%) |
| Vacant Housing Units | 247 ( 2.6%) |
| Median Home Value | $214,473 |
| Average Home Value | $236,080 |
Housing Distribution
Address Breakdown
Residential
9,449
Single Family
8,455
Multi-Family
994
Businesses
289
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