3523 Strathcona DrRochester HillsMI48309
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
Rental property for sale in Rochester Hills at 3523 Strathcona Dr, Rochester Hills, MI, 48309 priced at $445,000 converts $10,003/mo rent into $7,028/mo cash flow after a $2,178/mo obligation. Total monthly income equals $10,003/mo, and annual cash flow totals $84,330/yr on $147,518 invested. Return on cash invested prints 77.08% in year one, and rental yield reads 26.97% against a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation compiles into $122,945 by year five. Five-year ROI reaches 410.06% and total cumulative return in cash sums $604,904. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $10,003/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.48 Acres lot
$N/A/sqft
$41 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A