7028 Yacht AveWarrenMI48091
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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 7028 Yacht Ave, Warren, MI, 48091 earns $104/mo cash flow from $796/mo rent with a $514/mo payment. Total monthly income totals $796/mo, and annual cash flow totals $1,242/yr on $34,808 capital. ROI tracks 23.48% on current figures, and rental yield reads 9.1% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 122.6% and total cumulative return in cash sums $42,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $796/mo property income instead of your personal income.
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48091, Warren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,459 (100%) |
| Owner Occupied HU | 8,240 (61.2%) |
| Renter Occupied HU | 4,146 (30.8%) |
| Vacant Housing Units | 1,073 ( 8.0%) |
| Median Home Value | $159,378 |
| Average Home Value | $188,888 |
Housing Distribution
Address Breakdown
Residential
12,396
Single Family
11,641
Multi-Family
755
Businesses
826
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