2298 Pondview LnTroyMI48085
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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 2298 Pondview Ln, Troy, MI, 48085 at $659,900 posts ROI 17.36% with from $3,864/mo rent. Total monthly income equals $3,864/mo. Return on cash invested measures 17.36% and rental yield reads 7.03% at the current $659,900. Equity gained on principal adds $4,258/yr, and 5% annual appreciation supports $182,318 by year five. Five-year ROI prints 89.71% and total cumulative return in cash totals $194,762. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,864/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48085, Troy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,535 (100%) |
| Owner Occupied HU | 8,534 (89.5%) |
| Renter Occupied HU | 823 ( 8.6%) |
| Vacant Housing Units | 178 ( 1.9%) |
| Median Home Value | $410,360 |
| Average Home Value | $442,701 |
Housing Distribution
Address Breakdown
Residential
9,490
Single Family
9,447
Multi-Family
43
Businesses
399
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