30520 Berghway TrlWarrenMI48092
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
Investment Highlights
Investment property for sale in Warren at 30520 Berghway Trl, Warren, MI, 48092 uses $112,345 cash to close to unlock $2,722/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $2,462/mo, and a $1,659/mo payment keeps the spread at $227/mo. Purchase price stands at $338,900, and rental yield measures 8.72% with $2,462/mo rent. Return on cash invested shows 22.33% in year one, and 5% annual appreciation builds toward $93,632 over five years. Five-year ROI reaches 116.36% and total cumulative return in cash records $130,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,462/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Condo
Built in 2015
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices