8691 Kennedy CirWarrenMI48093
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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 8691 Kennedy Cir, Warren, MI, 48093 listed at $161,500 pairs $1,380/mo rent with a $790/mo payment to leave $315/mo cash flow. Total monthly income runs $1,380/mo, and annual cash flow reaches $3,785/yr on $53,537 cash to close. Return on cash invested measures 26.98% in year one, and rental yield registers 10.25% at a $161,500 basis. Equity gained on principal adds $1,042/yr, and annual property appreciation at 5% supports $44,619 by year five. Five-year ROI tracks 141.33% and total cumulative return in cash totals $75,664. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,380/mo property income relative to a $790/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48093, Warren, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,768 (100%) |
| Owner Occupied HU | 8,204 (76.2%) |
| Renter Occupied HU | 2,199 (20.4%) |
| Vacant Housing Units | 365 ( 3.4%) |
| Median Home Value | $217,468 |
| Average Home Value | $247,931 |
Housing Distribution
Address Breakdown
Residential
10,498
Single Family
9,452
Multi-Family
1,046
Businesses
581
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