1612 Stonecrest DrRochester HillsMI48307
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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 1612 Stonecrest Dr, Rochester Hills, MI, 48307 generates $2,978/mo in rent and, after a $2,080/mo payment, leaves $176/mo in cash flow. Total monthly income is $2,978/mo, and annual cash flow is $2,108/yr on $140,854 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 8.41% on a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 111.4% and total cumulative return in cash sums $156,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,978/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48307, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,309 (100%) |
| Owner Occupied HU | 12,822 (63.1%) |
| Renter Occupied HU | 6,392 (31.5%) |
| Vacant Housing Units | 1,095 ( 5.4%) |
| Median Home Value | $391,661 |
| Average Home Value | $417,682 |
Housing Distribution
Address Breakdown
Residential
19,347
Single Family
16,548
Multi-Family
2,799
Businesses
1,720
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Listed by: Ahmed Arafa • Century 21 Professionals
Mls Name: MiRealSource
Mls ID: #50189371