1942 Axtell Dr APT 3TroyMI48084
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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 1942 Axtell Dr APT 3, Troy, MI, 48084 offers a 12.38% rental yield on a $162,600 purchase with $1,678/mo rent. Total monthly income registers $1,678/mo, and a $796/mo payment leaves $606/mo available for distribution. Annual cash flow reaches $7,267/yr on $53,902 to close, and return on cash invested stands at 33.39% in year one. Equity gained on principal adds $1,049/yr while 5% annual appreciation supports $44,923 over five years. Portfolio math shows five-year ROI at 175.72% and total cumulative return in cash at $94,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,678/mo property income against a $796/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
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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