1377 Ruby AveRochester HillsMI48309
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1377 Ruby Ave, Rochester Hills, MI, 48309 in Rochester Hills speaks for itself: 10.46% gross on a $335,000 price, generating $2,921/mo in rent and $712/mo in net income after the $1,506/mo debt service. DSCR 1.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,540 stacks alongside $92,554 in projected five-year appreciation and $3,085/yr in principal reduction. Projected total cumulative return: $173,473.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.0% |
| Monthly Cash Flow | $712 | $800 |
City averages based on Rochester Hills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,921 |
| Total Monthly Debt Service | $2,076 |
| DSCR Ratio | 1.41x |
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 1983
0.77 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
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 1983
0.77 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francis R Nutt • Keller Williams Paint Creek
Mls Name: Realcomp II
Mls ID: #20251015004