3715 Ledge DrTroyMI48084
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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 3715 Ledge Dr, Troy, MI, 48084 uses $164,093 cash to close to unlock $2,826/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $3,500/mo, and a $2,423/mo payment keeps the spread at $236/mo. Purchase price stands at $495,000, and rental yield measures 8.48% with $3,500/mo rent. Return on cash invested shows 21.63% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 112.61% and total cumulative return in cash records $184,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,500/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.36 Acres 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
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