2722 Sparta DrTroyMI48083
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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 2722 Sparta Dr, Troy, MI, 48083 listed at $327,500 pairs $2,755/mo rent with a $1,603/mo payment to leave $595/mo cash flow. Total monthly income runs $2,755/mo, and annual cash flow reaches $7,143/yr on $108,566 cash to close. Return on cash invested measures 26.49% in year one, and rental yield registers 10.09% at a $327,500 basis. Equity gained on principal adds $2,113/yr, and annual property appreciation at 5% supports $90,482 by year five. Five-year ROI tracks 138.68% and total cumulative return in cash totals $150,558. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,755/mo property income relative to a $1,603/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
8,712 sqft lot
$N/A/sqft
No 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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