1639 Heatherwood Dr, Troy, MI, 48098 | 4.14% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1763 sft

3039 Edgefield Dr, Waterford, MI, 48328

3 Bed
3 Bath
3023 sft

2129 Long Lake Shore Dr, West Bloomfield, MI, 48323

3 Bed
2 Bath
1606 sft

2954 Woodslee Dr, Royal Oak, MI, 48073

Motivated Seller+ 1 more

3 Bed
2 Bath
2472 sft

20512 Lawndale St, Saint Clair Shores, MI, 48080

Nearby investment properties with comparable prices

3 Bed
3 Bath
3017 sft

22516 Beach St, Saint Clair Shores, MI, 48081

5 Bed
4 Bath
3975 sft

4189 Forsyth Dr, Troy, MI, 48085

4 Bed
3 Bath
3400 sft

1685 E Wattles, Troy, MI, 48085

4 Bed
4 Bath
3450 sft

62042 Mound Rd, Washington, MI, 48094

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $3,536/mo, and a $5,017/mo payment. Purchase price stands at $1,025,000, and rental yield measures 4.14% with $3,536/mo rent. Return on cash invested shows 8.72% in year one, and 5% annual appreciation builds toward $283,189 over five years. Five-year ROI reaches 43.3% and total cumulative return in cash records $143,812. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,536/mo property income covering a $5,017/mo payment rather than investor’s personal income.

Single Family

Built in 1989

0.41 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48098, Troy, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,543 (100%)
Owner Occupied HU	6,819 (90.4%)
Renter Occupied HU	540 ( 7.2%)
Vacant Housing Units	184 ( 2.4%)
Median Home Value	$499,682
Average Home Value	$542,576