32120 Heavenly Ct #14WarrenMI48092
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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
Rental property for sale in Warren at 32120 Heavenly Ct #14, Warren, MI, 48092 generates $1,956/mo in rent and, after a $1,394/mo payment, leaves $78/mo in cash flow. Total monthly income is $1,956/mo, and annual cash flow is $932/yr on $94,444 invested. Return on cash invested sits at 20.9% in year one, and rental yield is 8.24% on a $284,900 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 108.67% and total cumulative return in cash sums $102,635. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,956/mo property income rather than buyer’s personal income.
Condo
Built in 2007
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
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