1611 Huron AveRoyal OakMI48073
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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 Royal Oak at 1611 Huron Ave, Royal Oak, MI, 48073 priced at $399,500 pairs $3,062/mo rent with $428/mo cash flow after a $1,955/mo payment. Total monthly income equals $3,062/mo, and annual cash flow comes to $5,134/yr on $132,434 invested. Return on cash invested is 23.79% in year one, and rental yield stands at 9.2% on a $399,500 basis. Equity gained on principal adds $2,578/yr, and 5% annual appreciation accumulates to $110,374 by year five. Five-year ROI measures 124.16% and total cumulative return in cash reaches $164,427. For financing, Ziffy Mortgage’s DSCR program evaluates $3,062/mo property income against a $1,955/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48073, Royal Oak, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,816 (100%) |
| Owner Occupied HU | 12,016 (67.4%) |
| Renter Occupied HU | 4,989 (28.0%) |
| Vacant Housing Units | 811 ( 4.6%) |
| Median Home Value | $342,688 |
| Average Home Value | $386,290 |
Housing Distribution
Address Breakdown
Residential
17,601
Single Family
14,484
Multi-Family
3,117
Businesses
671
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Listed by: Stacy Miletti • Real Estate One-Troy
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250017904
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-03-19 03:41:14 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702