254 Marmoor CtRochesterMI48309
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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
Rental property for sale in Rochester at 254 Marmoor Ct, Rochester, MI, 48309 priced at $469,900 converts $2,160/mo rent into after a $2,300/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 12.68% in year one, and rental yield reads 5.52% against a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation compiles into $129,825 by year five. Five-year ROI reaches 64.62% and total cumulative return in cash sums $100,658. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No 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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