143 Stratford Ln #1Rochester 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
Rental property for sale in Rochester Hills at 143 Stratford Ln #1, Rochester Hills, MI, 48309 generates $2,255/mo in rent and, after a $976/mo payment, leaves $519/mo in cash flow. Total monthly income is $2,255/mo, and annual cash flow is $6,226/yr on $66,134 invested. Return on cash invested sits at 29.32% in year one, and rental yield is 13.56% on a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 156.64% and total cumulative return in cash sums $103,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,255/mo property income rather than buyer’s personal income.
Condo
Built in 1972
21.99 Acres lot
$N/A/sqft
$421 monthly 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: N/A • N/A
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Mls ID: #N/A