1438 Devon LnTroyMI48084
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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 Troy at 1438 Devon Ln, Troy, MI, 48084 earns $332/mo cash flow from $3,161/mo rent with a $2,100/mo payment. Total monthly income totals $3,161/mo, and annual cash flow totals $3,980/yr on $142,214 capital. ROI tracks 22.71% on current figures, and rental yield reads 8.84% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 118.39% and total cumulative return in cash sums $168,361. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,161/mo property income instead of your personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48084, Troy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,035 (100%) |
| Owner Occupied HU | 3,384 (42.1%) |
| Renter Occupied HU | 4,074 (50.7%) |
| Vacant Housing Units | 577 ( 7.2%) |
| Median Home Value | $444,670 |
| Average Home Value | $492,223 |
Housing Distribution
Address Breakdown
Residential
7,576
Single Family
3,771
Multi-Family
3,805
Businesses
1,786
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