1348 New Life LnRochester HillsMI48309
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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 Rochester Hills at 1348 New Life Ln, Rochester Hills, MI, 48309 listed at $380,000 pairs $3,119/mo rent with a $1,860/mo payment to leave $613/mo cash flow. Total monthly income runs $3,119/mo, and annual cash flow reaches $7,356/yr on $125,970 cash to close. Return on cash invested measures 25.75% in year one, and rental yield registers 9.85% at a $380,000 basis. Equity gained on principal adds $2,452/yr, and annual property appreciation at 5% supports $104,987 by year five. Five-year ROI tracks 134.67% and total cumulative return in cash totals $169,645. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,119/mo property income relative to a $1,860/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48309, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,743 (100%) |
| Owner Occupied HU | 9,849 (77.3%) |
| Renter Occupied HU | 2,249 (17.6%) |
| Vacant Housing Units | 645 ( 5.1%) |
| Median Home Value | $410,251 |
| Average Home Value | $454,906 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,118
Multi-Family
995
Businesses
834
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Listed by: Jennifer Hemstrom • Thrive Realty Company
Mls Name: Realcomp II
Mls ID: #20251060533