46788 Peach Grove AveMacombMI48044
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 46788 Peach Grove Ave, Macomb, MI, 48044 in Macomb. Priced at $324,900, it generates $2,912/mo in gross rent and $770/mo in net monthly cash flow, a 10.76% yield that comfortably supports the 1.99 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,238. Five-year appreciation: $89,764. Equity from principal paydown: $2,992/yr. Total projected cumulative return: $173,301.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $770 | $320 |
City averages based on Macomb market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,912 |
| Total Monthly Debt Service | $2,013 |
| DSCR Ratio | 1.45x |
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 1984
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48044, Macomb, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,325 (100%) |
| Owner Occupied HU | 18,201 (89.5%) |
| Renter Occupied HU | 1,855 ( 9.1%) |
| Vacant Housing Units | 269 ( 1.3%) |
| Median Home Value | $352,340 |
| Average Home Value | $355,760 |
Housing Distribution
Address Breakdown
Residential
20,629
Single Family
20,025
Multi-Family
604
Businesses
434
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 1984
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48044, Macomb, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,325 (100%) |
| Owner Occupied HU | 18,201 (89.5%) |
| Renter Occupied HU | 1,855 ( 9.1%) |
| Vacant Housing Units | 269 ( 1.3%) |
| Median Home Value | $352,340 |
| Average Home Value | $355,760 |
Housing Distribution
Address Breakdown
Residential
20,629
Single Family
20,025
Multi-Family
604
Businesses
434
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices