2584 Coral DrTroyMI48085
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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 2584 Coral Dr, Troy, MI, 48085 earns $239/mo cash flow from $3,305/mo rent with a $2,276/mo payment. Total monthly income totals $3,305/mo, and annual cash flow totals $2,862/yr on $154,148 capital. ROI tracks 21.77% on current figures, and rental yield reads 8.53% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 113.34% and total cumulative return in cash sums $174,707. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,305/mo property income instead of your personal income.
Single Family
Built in 1974
8,276 sqft 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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