3532 Woodland AveRoyal OakMI48073
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 Royal Oak at 3532 Woodland Ave, Royal Oak, MI, 48073 offers $4,408/mo rent that, after a $5,628/mo payment. Total monthly income is $4,408/mo. Return on cash invested measures 10.14% in year one, and rental yield stands at 4.6% at a $1,149,900 entry. Equity gained on principal adds $7,420/yr while 5% annual appreciation compounds into $317,696 by year five. Five-year ROI records 50.93% and total cumulative return in cash reaches $189,746. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,408/mo property income versus a $5,628/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48073, Royal Oak, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,816 (100%) |
| Owner Occupied HU | 12,016 (67.4%) |
| Renter Occupied HU | 4,989 (28.0%) |
| Vacant Housing Units | 811 ( 4.6%) |
| Median Home Value | $342,688 |
| Average Home Value | $386,290 |
Housing Distribution
Address Breakdown
Residential
17,601
Single Family
14,484
Multi-Family
3,117
Businesses
671
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