38 Starr DrTroyMI48083
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 Troy at 38 Starr Dr, Troy, MI, 48083 priced at $749,900 pairs $3,360/mo rent with after a $3,670/mo payment. Total monthly income equals $3,360/mo. Return on cash invested is 12.35% in year one, and rental yield stands at 5.38% on a $749,900 basis. Equity gained on principal adds $4,839/yr, and 5% annual appreciation accumulates to $207,184 by year five. Five-year ROI measures 62.83% and total cumulative return in cash reaches $155,014. For financing, Ziffy Mortgage’s DSCR program evaluates $3,360/mo property income against a $3,670/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices