2501 Barrett AveRoyal OakMI48067
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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 Royal Oak at 2501 Barrett Ave, Royal Oak, MI, 48067 at $207,600 posts ROI 33.69% with $790/mo cash flow from $2,159/mo rent. Total monthly income equals $2,159/mo, and annual cash flow records $9,481/yr on $68,819 to close. Return on cash invested measures 33.69% and rental yield reads 12.48% at the current $207,600. Equity gained on principal adds $1,340/yr, and 5% annual appreciation supports $57,356 by year five. Five-year ROI prints 177.34% and total cumulative return in cash totals $122,046.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,159/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
4,008 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48067, Royal Oak, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,049 (100%) |
| Owner Occupied HU | 8,880 (63.2%) |
| Renter Occupied HU | 4,292 (30.6%) |
| Vacant Housing Units | 877 ( 6.2%) |
| Median Home Value | $361,069 |
| Average Home Value | $423,259 |
Housing Distribution
Address Breakdown
Residential
13,560
Single Family
11,107
Multi-Family
2,453
Businesses
1,047
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