1983 Chalmers Dr WRochester HillsMI48309




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Nearby investment properties with comparable prices

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 1983 Chalmers Dr W, Rochester Hills, MI, 48309 offers $4,514/mo rent that, after a $3,035/mo payment, leaves $381/mo cash flow. Total monthly income is $4,514/mo, and annual cash flow is $4,575/yr on $203,980 cash. Return on cash invested measures 22.3% in year one, and rental yield stands at 8.74% at a $620,000 entry. Equity gained on principal adds $4,001/yr while 5% annual appreciation compounds into $171,295 by year five. Five-year ROI records 116.3% and total cumulative return in cash reaches $237,219. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,514/mo property income versus a $3,035/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.38 Acres lot
$N/A/sqft
$525 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48309, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,743 (100%) |
| Owner Occupied HU | 9,849 (77.3%) |
| Renter Occupied HU | 2,249 (17.6%) |
| Vacant Housing Units | 645 ( 5.1%) |
| Median Home Value | $410,251 |
| Average Home Value | $454,906 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,118
Multi-Family
995
Businesses
834
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Nearby investment properties with comparable prices



Listed by: Marisa Vazquez • Parker Wright Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25010583
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.








