2829 Summers PlTroyMI48084
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2829 Summers Pl, Troy, MI, 48084 with 5% annual appreciation on a $529,900 basis while $4,220/mo rent supports operations. Total monthly income totals $4,220/mo and a $2,594/mo payment preserves $725/mo for cash returns. Annual cash flow comes to $8,702/yr on $174,337 deployed, and return on cash invested reaches 25.05% in year one. Equity gained on principal adds $3,419/yr, and five-year appreciation sums $146,402 alongside rental yield of 9.56%. Five-year ROI measures 130.95% and total cumulative return in cash totals $228,299.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,220/mo property income versus a $2,594/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48084, Troy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,035 (100%) |
| Owner Occupied HU | 3,384 (42.1%) |
| Renter Occupied HU | 4,074 (50.7%) |
| Vacant Housing Units | 577 ( 7.2%) |
| Median Home Value | $444,670 |
| Average Home Value | $492,223 |
Housing Distribution
Address Breakdown
Residential
7,576
Single Family
3,771
Multi-Family
3,805
Businesses
1,786
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices