29136 Heritage PkwyWarrenMI48092
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 29136 Heritage Pkwy, Warren, MI, 48092 in Warren delivers $3,598/mo in gross rent and $332/mo in net monthly income at a $479,990 entry. The 8.99% yield and 1.67 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $132,612 over five years and $4,421/yr in equity from loan paydown, total projected return is $204,764.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.2% |
| Monthly Cash Flow | $332 | $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 | $3,598 |
| Total Monthly Debt Service | $3,074 |
| DSCR Ratio | 1.17x |
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 2024
0.28 Acres lot
$N/A/sqft
$100 monthly 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
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 2024
0.28 Acres lot
$N/A/sqft
$100 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices