101 Curry Ave UNIT 210Royal OakMI48067
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
Rental property for sale in Royal Oak at 101 Curry Ave UNIT 210, Royal Oak, MI, 48067 generates $3,173/mo in rent and, after a $1,908/mo payment, leaves $602/mo in cash flow. Total monthly income is $3,173/mo, and annual cash flow is $7,226/yr on $129,252 invested. Return on cash invested sits at 25.5% in year one, and rental yield is 9.77% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 133.38% and total cumulative return in cash sums $172,393. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,173/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48067, Royal Oak, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,049 (100%) |
| Owner Occupied HU | 8,880 (63.2%) |
| Renter Occupied HU | 4,292 (30.6%) |
| Vacant Housing Units | 877 ( 6.2%) |
| Median Home Value | $361,069 |
| Average Home Value | $423,259 |
Housing Distribution
Address Breakdown
Residential
13,560
Single Family
11,107
Multi-Family
2,453
Businesses
1,047
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices