2200 N Fairview LnRochester HillsMI48306
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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 Rochester Hills at 2200 N Fairview Ln, Rochester Hills, MI, 48306 uses $145,197 cash to close to unlock $833/yr annual cash flow and $69/mo monthly cash flow. Total monthly income runs $2,958/mo, and a $2,144/mo payment keeps the spread at $69/mo. Purchase price stands at $438,000, and rental yield measures 8.1% with $2,958/mo rent. Return on cash invested shows 20.48% in year one, and 5% annual appreciation builds toward $121,011 over five years. Five-year ROI reaches 106.47% and total cumulative return in cash records $154,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,958/mo property income covering a $2,144/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48306, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,593 (100%) |
| Owner Occupied HU | 9,469 (89.4%) |
| Renter Occupied HU | 840 ( 7.9%) |
| Vacant Housing Units | 284 ( 2.7%) |
| Median Home Value | $537,210 |
| Average Home Value | $597,620 |
Housing Distribution
Address Breakdown
Residential
10,478
Single Family
10,006
Multi-Family
472
Businesses
189
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Listed by: Caron Koteles Riha • Real Estate One-Rochester
Mls Name: Realcomp II
Mls ID: #20251021552