2671 Roundtree Dr #1TroyMI48083
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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 Troy at 2671 Roundtree Dr #1, Troy, MI, 48083 generates $1,768/mo in rent and, after a $1,038/mo payment, leaves $38/mo in cash flow. Total monthly income is $1,768/mo, and annual cash flow is $451/yr on $70,278 invested. Return on cash invested sits at 20.55% in year one, and rental yield is 10.01% on a $212,000 entry. Equity gained on principal adds $1,368/yr, while 5% annual appreciation builds toward $58,572 over five years. Five-year ROI reaches 108.9% and total cumulative return in cash sums $76,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,768/mo property income rather than buyer’s personal income.
Condo
Built in 1974
39.54 Acres lot
$N/A/sqft
$332 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48083, Troy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,046 (100%) |
| Owner Occupied HU | 6,520 (59.0%) |
| Renter Occupied HU | 4,099 (37.1%) |
| Vacant Housing Units | 427 ( 3.9%) |
| Median Home Value | $336,116 |
| Average Home Value | $390,799 |
Housing Distribution
Address Breakdown
Residential
10,303
Single Family
8,752
Multi-Family
1,551
Businesses
2,078
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Listed by: Gerald Miller • Real Estate One Clinton
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50183132
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